Monday, 29 August 2011

Consumers spending rebounds in July, rose 0.8 pct.

WASHINGTON -- Consumers rebounded in July to lift spending after the first decline in 20 months. The boost is likely to ease fears that the U.S. economy is on the verge of another recession. The Commerce Department says consumer spending rose 0.8 percent in July. Personal income increased 0.3 ...

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