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Archive Home > 2011 > November > 24 > Incomes outpace spending in October

Incomes outpace spending in October

By Jeffry Bartash / The Bulletin
November 24, 2011

WASHINGTON — Americans turned thriftier in October, spending less and saving more, according to fresh government data.

The slowdown in spending comes one month after consumers emptied their wallets and purses to buy new cars and other items.

While consumers need to save more, economists also....

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