Check Out Line: Spending Still Down

[calm_girl]

Check Out Line: Spending Still Down
      

Check Out unemployment’s strain on consumers’ wallets.
This is not what retailers want to hear on the day before Christmas, but evidence continues to mount that consumers are cutting back spending.
The U.S. Commerce Department said consumer spending contracted 0.6 percent in November, the fifth-straight monthly fall. Incomes shrank 0.2 percent. A separate report showed initial claims [...]
         

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