
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, May 1, 1990                   TAG: 9005010117
SECTION: BUSINESS                    PAGE: A5   EDITION: METRO 
SOURCE: 
DATELINE: WASHINGTON                                LENGTH: Short

INCOME, SAVINGS RISE; SPENDING RATE RELUCTANT

Americans' saving rate rose to 5.8 percent of their disposable income in March as consumer spending failed to match the increase in personal incomes, the government reported Monday. Analysts cited rising prices for the subdued spending.

Spending hit a seasonally adjusted annual rate of $3.66 trillion, slowing to a 0.4 percent gain after a 0.6 percent rise in February, the Commerce Department said. It was the lowest since October.

Personal incomes after taxes rose 0.8 percent in March, the largest increase since December. - Associated Press

by CNB