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October 13, 2006
Consumer Spending Slides In Sept.
Despite an overall drop in retail sales in September, sales of clothing inched up 3%, leading to higher expectations for the holiday season.
Consumer spending dipped 0.4% last month, compared to a 1% increase in August, according to U.S Commerce Department figures. However, lower gas prices helped boost spending on clothing and other goods, the department said.
Posted by Blacks on October 13, 2006 09:40 AM
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