Consumers Increased Clothing, Footwear, Home Goods Spending in October

Rising for the fourth straight month, consumer spending on clothing and footwear increased a seasonally adjusted 0.97 percent to $521.19 billion in October, while spending on furnishings and durable household equipment rose for the second consecutive month, with a 1.4 percent uptick to $508.81 billion, according to estimates released Wednesday by the U.S. Bureau of…