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Friday, August 29, 2008 8:39 AM TweetThis
  • Real consumer spending fell 0.4% in July - the biggest drop since June 2004. Personal income fell 0.7% - the biggest drop since Aug. 2005. Real disposable income fell 1.7%. Inflation (core PCE) rose 0.3%. Consensus was -0.4% personal income and +0.3% core PCE.
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