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Consumer Spending in U.S. Unexpectedly Falls

Bloomberg
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May 30, 2014 AT 8:45 AM
May 30 (Bloomberg) -- Consumer spending unexpectedly fell in April after the biggest surge in almost five years as incomes slowed, a sign the largest part of the U.S. economy will take time to accelerate. Michael McKee reports on Bloomberg Television’s “In The Loop.” (Source: Bloomberg)