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US Consumers Turn To Saving, Spending Stalls

posted by Avatar forexalliancecom 111 days ago in USD, Special, Consumer made popular 111 days ago

Commerce Department reports reiterated what was witnessed late last year – that US consumer spending stalled for the month of December. According to this morning’s report, consumer spending in the world’s largest economy was flat compared to November’s 0.1% uptick. Instead, consumers elected to replenish their savings
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