Buying dips as income freezes
Spending falls 0.5% in month
Posted: October 31, 2009 at 7:53 a.m.
Consumer spending plunged in September by the largest amount in nine months, reflecting the end of the government’s “cash for clunkers” auto sales program. Incomes, the fuel for future spending, were flat.
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Front Section, Pages 1 on 10/31/2009
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