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Resilient US consumers spend slightly more in August

Por: Associated Press Business September 30, 2022

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WASHINGTON (AP) — Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as for food, rent, and other essentials. Americans boosted their spending at stores and for services such as haircuts by 0.4% in August, after it fell 0.2% in July, the Commerce Department said Friday. Yet much of that increase reflected higher prices, with an inflation gauge closely monitored by the Federal Reserve rising 0.3%... + full article



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