American consumers tightening purse continued weakness of economic fear.

<P> U.S. consumer spending last month, an increase of the smallest since last June, Jan. 26 in the week ended also the first time jobless claims surge by 6.9 million to 37.5 million, the highest since a record level since early October, and .Since the September 2005 record the largest increase since, that the economy may continue to weaken. .</ P> <P>: http://finance. The American people face the moment of falling house prices, shares fell, oil prices and increased lending standards, a series hit, had to tighten the purse. .U.S. consumer spending accounts for 70% share of economic output, a significant reduction in the expenditure of hard to turn around the inevitable drag on the U.S. economy. .The weak job market, reduced consumer spending Gengrang, forming a vicious circle. .In order to boost the spending power of the people, the Federal Reserve (Fed) continued to reduce interest rates, the Government is discussing the public release of the 111 million tax rebate checks. .However, these measures may bear fruit slowly. .</ P> <P> 31, the U.S. Commerce Department announced last month, consumer spending rose 0.2%, and 11 months of an increase of 1%. .Interview Bloomberg News economist adjusted median growth estimate of 0.1%. .Consumer spending rose 5.5% in 2007, an increase over the past 4 years minimum. .</ P> <P> report showed that personal income in December rose 0.5% in November last year, revenues increased 0.4%. .Bloomberg's visit to transfer the results that rise economists expected value of 0.4%. .Personal consumption expenditures price index for the first 3 months rose 0.2%. .</ P> <P> In addition, the same day the U.S. Labor Department said initial claims for unemployment benefits last week, the number of Jan to 27-month high, more than expected. .Increase in the number 69000 to 375000. .Analysts expected initial jobless claims last week rose to 32 million people is. .</ P> <P> week before the initial jobless claims were revised to increase to 30.6 million in 6000, the original release is reduced to 30.1 million in 1000. .Over the past four weeks, the average increase in initial jobless claims to 325,750 people 10,250 people. .January 19 in the week ended, the total number of U.S. unemployment benefits rose by 4.7 million to 272 million. .</ P> <P> released the report, the Beijing night 9:54,10 31-year U.S. Treasuries yield 3.62% from 30 down to 3.58%. .S & P 500 index futures fell 1.3% reported to 1333.70 points. .</ P>.