For all of 2012, income rose 3.5 percent. That's the weakest increase since 2009, the final year of the Great Recession.Still, consumers saw little increase in prices last year. A gauge of inflation preferred by the Federal Reserve was flat in December and up just 1.3 percent in 2012. That's well below the Fed's 2 percent inflation target.
US Consumer Spending Up Slight 0.2 Percent
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