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Consumer spending tepid; savings at 2-year high
Published Mon, Mar 30, 2015 · 09:50 PM
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Washington
US CONSUMER spending barely rose in February as households boosted savings to their highest level in more than two years, the latest sign that the economy hit a soft patch in the first quarter.
Economic growth has been undercut by bad winter weather, a strong dollar, a now-settled labour dispute at busy We…
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