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Consumer spending rises for 7th straight month (access required)

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Published: May 14,2010

Time posted: 6:19 am

Tags: recession, Retail, spending

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Retail sales rose in April for the seventh straight month, offering hope that consumer spending will keep supporting the economy in the months ahead. The Commerce Department said Friday that retail sales rose 0.4 percent last month, better than the 0.2 percent increase economists had expected. The gain was less than the the 2.1 percent growth ...





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