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Consumer spending rebounds in July, led by auto sales.
Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News) Publication Date: 31-AUG-04 |
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COPYRIGHT 2004 Daily News
Byline: Tom Van Riper
Aug. 31--Consumer spending -- the engine that drives two-thirds of the economy -- shot up 0.8 percent last month to reverse a decline in June, the government said yesterday.
Keying the advance were auto sales that revved up after spinning their wheels a month earlier,...
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