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Real Disposable Personal Income And Consumer Spending Both Fell Last Month

Written by The Ashton Report

Another sign that the general economy in the US is slowing and in fact headed into reverse: Personal income, real disposable income and consumer spending all declined in November, according to the regular monthly report from the Bureau of Economic Analysis. Personal income was off 1.1% in current dollars, real DPI fell 1.3%, and real…

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