Reuters: Consumer spending hit by crisis: MasterCard

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Consumer spending hit by crisis: MasterCard
      

NEW YORK (Reuters) - U.S. consumers slashed spending in October, shunning purchases of items over $1,000, as a global financial crisis battered their savings accounts and their psyches, according to figures released on Wednesday by SpendingPulse, the retail data service of MasterCard Advisors.</p><div class="feedflare">
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