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Consumer Spending Strengthens Headed Into Year End

U.S. household spending, a key driver of the economy, rose in November, along with higher income and more positive views of the economy

WASHINGTON—Consumers boosted spending as they headed into the end of the year, buoyed by a rise in income and an optimistic outlook for the U.S. economy.

Personal-consumption expenditures, or household spending, rose a seasonally adjusted 0.4% in November from October, the Commerce Department reported Friday. The increase came alongside a rise in personal income, which was up 0.5%. Spending in November was up 2.4% from a year earlier.

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