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July incomes drop by largest amount in 3 years; consumer spending slowed as rebates
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Chicago Tribune
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August 30, 2008
WASHINGTON (AP) _ Consumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning impact of $93 billion in economic stimulus payments.The Commerce Department report Friday showed that consumer activity got off to a shaky start in the third quarter, raising new worries...
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