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Americans cut spending for first time in 20 months

August 02, 2011

WASHINGTON (AP) -- Americans cut back on their spending in June for the first time in nearly two years and their incomes grew by the smallest amount in nine months, a troubling sign for an economy that is barely growing....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_CONSUMER_SPENDING?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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