Friday, October 30, 2009
Back to reality
Consumer spending retreats after clunkers program ends
Real disposable incomes fall for fourth month in a row. WASHINGTON (MarketWatch) -- U.S. consumer spending fell sharply in September after the government's cash-for-clunkers program ended, while after-tax incomes fell for the fourth month in a row.
One thought on “Back to reality”
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mark wadsworth says:
Yup. As widely predicted.