WASHINGTON, March 3 (UPI) -- Despite the unusually cold weather, Americans increased their spending in January, spending 0.4 percent more on everything from cars to haircuts.
While wages grew 0.3 percent in January from December, spending on goods, which includes everyday items and those meant to last more than three years, continued to decline for the second straight month. Spending was boosted by the purchases of services, seeing a 0.9 percent rise from the previous month, the highest jump since October 2001, the Commerce Department said.