Consumer Spending, Wage Gains in U.S. Probably Slowed in August

September 30, 2011
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Consumer spending in the U.S. probably slowed in August as growing pessimism and a lack of jobs restrained the biggest part of the economy, economists said before a report today.

Purchases rose 0.2 percent after a 0.8 percent gain in July, according to the median estimate of 81 economists su…
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Published: Fri, 30 Sep 2011 19:49

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