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US Consumer Spending Rises At Fastest Pace In Seven Months

Tuesday, August 13, 2013 - 7:41 PM
July's gain, and optimism among small businesses, could lead the Federal Reserve to wind down economic stimulus.

Many economists expect the Fed to begin reducing purchases next month, and the retail sales data reinforced that view.

US consumer spending rises at fastest pace in seven months | Business | theguardian.com
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