Tuesday, 2 August 2011

Consumer Spending in U.S. Fell in June

By Shobhana Chandra - Tue Aug 02 13:48:10 GMT 2011 U.S. consumer spending unexpectedly dropped in June for the first time in almost two years and savings climbed, adding to evidence that the slump in hiring is hurting household confidence. Purchases declined 0.2 percent after a 0.1 percent gain the ...

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