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Consumer Spending Rises as Economy Improves

By Aggregated Content in economic news on October 29, 2012 from http://wbponline.com/Articles/View/9534

Americans opened their wallets wider in September, stimulated by improved labor market conditions and as US economic growth beat estimates in the third quarter, the US Department of Commerce data showed on Monday.

US consumer spending advanced 0.8% in September from the previous month, when it rose 0.5% on a monthly basis, according to the report.

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