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Consumer cut in Spending the most since 1980

Posted by sunnyspeaks 1303 days ago, popular 1303 days ago (http://ap.google.com)
Category: Personal Finance | Tags: finance money recession spending
Scared and out of money, Americans stopped buying everything from cars to corn flakes in the July-September quarter, ratcheting back spending by the largest amount in 28 years and jolting the national economy into what could be the most painful recession in decades.
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