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Real Disposable Personal Income And Consumer Spending Both Fell Last Month

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Written by The Ashton Report
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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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