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LATEST US DATA

US economy cools in August as consumer spend less than expected

Bookings for non-military capital goods, a proxy for business investment, fell 0.2%

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Consumer spending on goods and services, which accounts for about two-thirds of GDP, increased 0.1 per cent from July, the smallest gain in six months.

Washington

THE US economy cooled in August as Americans spent less than projected and companies cut capital-equipment orders, with below-forecast prices also adding to concerns that may support the case for further Federal Reserve easing. Treasury yields...

sentifi.com

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