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Consumer Spending Up in June

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  • Consumer Spending Up in June

    The Commerce Department reported Tuesday consumer spending, which accounts for 70 percent of total economic activity, was up 0.4 percent in June, slightly ahead of analysts' estimates.  It rose in May 0.1 percent. However, analyists predict high unemployment and falling wages will keep any increases low. Personal income fell by 1.3 ...(79 words)


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