U.S. consumer spending nudges up for second straight month

08/5/2009 | USA Today · NYTimes.com

Americans spent a bit more in June and saved less, the U.S. Commerce Department reported. The data mark the second straight month of increased consumer spending, which accounts for about 70% of all economic activity in the country. The increase reflects higher costs for living expenses rather than an uptick in discretionary spending.

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USA Today · NYTimes.com

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