Consumer Spending And Incomes Fall; Savings Rise

post-gazette.com - Business, Pittsburgh Post-Gazette: Business
Mon, 02/02/2009 - 11:33am

WASHINGTON -- Consumer spending fell for a record sixth straight month in December as recession-battered households, worried about surging layoffs, boosted their savings rates to the highest level since May.

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Topics:  washington    consumer   december   savings   consumer spending   
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