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Tuesday, March 20, 2018
personal spending

U.S. Personal Spending Falls In July

Washington (AFP)– U.S. personal spending fell in July, putting a drag on third-quarter growth, as income gains slowed, government data released Friday showed. Consumer spending, the engine of U.S. economic growth, fell 0.1 percent in July, the first decline in six months and decelerating from a 0.4 percent gain in June, the Commerce Department reported. […]

August 29, 2014