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.

Posted by devo @ 01:27 PM (3000 views)
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One thought on “Back to reality

  • mark wadsworth says:

    Yup. As widely predicted.

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