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Archive Home > 2012 > December > 01 > Consumers spent less in October

Consumers spent less in October


December 1, 2012

Consumer spending dipped in October, the first decline in five months, as Superstorm Sandy took a big bite out of paychecks in the Northeast.

Personal consumption expenditures fell by $20.2 billion, or 0.2 percent, last month compared with September, the Commerce Department said Friday. Income....

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