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Tag Archives: Fed

Consumer spending, personal incomes both still flat 

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Consumers did not boost their spending in June and their incomes failed to increase, further evidence that the economic recovery slowed in the spring. And Americans saved at the highest rate ...

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Home construction sinks, building permits down

By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — Home construction plunged last month and building permits also fell, the latest signs that the construction industry won’t fuel the economic recovery. Builders are scaling back now that government incentives ...

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