US Consumer Spending Rises Solidly in Back-to-Back Gains (4)

US personal spending rose at a solid pace in November, underscoring consumer resilience at the start of the holiday-shopping season.

Consumer spending, adjusted for inflation, increased 0.3% for a second month, according to the Bureau of Economic Analysis. The agency released both October and November figures for the first time on Thursday after a lengthy delay caused by the federal government shutdown.

The report offers few hints that American consumers are tiring despite lingering concerns about the labor market and cost of living. Instead, the latest figures indicate personal spending, supported by rising wages, kept ...