MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Americans increased their spending in October at the fastest rate in three months even though income growth was essentially flat, its weakest showing in 13 months. The Commerce Department said Wednesday that consumer spending rose 0.3% last month, the best gain since a 0.5% rise in July. An inflation gauge that is tied to spending edged up a modest 0.2% and is just 1.3% higher over the past 12 months, well below the Federal Reserve's 2% annual target level for inflation. The October spending increase adds to evidence that consumers will likely do their part this quarter to offset a drag from businesses cutting back on investment plans because of the ongoing U.S.-China trade war. The holiday shopping season is expected to be a
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