The battery is still charged. More evidence today that the U.S. economy just won't quit. Personal income for the month of January was up a healthy 0.6 percent. Personal spending grew a 0.3 percent. Maybe not, as Marketplace's Michelle Brier reports from New York.
Consumer confidence is at a very high level.
So with consumers in such good spirits and with the income to justify those spirits, I think spending is going to stay strong for some time. The Fed would only raise interest rates if they saw inflation raising rapidly and so far we see little evidence of that. In New York, I'm Michelle Brier for Marketplace. Investors with money to burn. Minority businesses desperate for capital.