WRAPUP 1-US consumers keep spending despite anxieties

Newswire

By Eric Burroughs NEW YORK, Aug 30 (Reuters) - U.S. consumers, undaunted by their nagging anxiety about the economy, shelled out money for autos and other goods at the fastest pace in eight months in July even as incomes stalled. Meanwhile a key gauge of Midwest manufacturing from the National Association of Purchasing Management-Chicago rose more than expected in August to 54.9, partly reversing a sharp drop in July. The index posted its seventh straight month of growth, soothing fears ...

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