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Personal Spending Rises
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Description
FBN's Adam Shapiro breaks down late-morning market news.
- Duration 0:56
- Date Apr 30, 2012
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Transcript
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I'm Adam should barely different business -- it looks like Americans earn more in March and were more cautious about their spending than they -- in February consumer spending was up three tenths of 1%.
Coming in lower than expected on the flip side personal income rose at its fastest pace in three months.
This activity in the midwest fell to a 29 month low in March.
The institute for supply management Chicago dropped more than expected to a reading of 56 point two.
It's softest reading since November 2009.
This comes ahead of the national institute for supply manufacturing report due Tuesday.
And shares of NYSE Euronext are under pressure following disappointing first quarter the parent company -- New York Stock Exchange says a slowdown in trading and cause.
From its failed merger with Deutsche -- took -- -- on results that's the latest from the Fox Business Network.
Giving you the power -- --
