U.S. consumer spending slips; savings highest in 1-1/2 years

WASHINGTON, Aug 29 (Reuters) - U.S. consumer spending unexpectedly fell in July as savings rose to their highest level in more than 1-1/2 years, a sign that households remain cautious despite an acceleration in economic and jobs growth.

from Reuters: Business News http://ift.tt/1wNdMJ7