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US Consumer Continues to Do the Heavy Lifting

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Nominal spending on durable goods rose 1.6% in July as unit auto sales picked up to their strongest monthly pace year to date. Nondurable sales fell 0.5% to retrace the previous month's gain, while spending on services was slightly above trend with a 0.4% increase recorded in July. The increase in[​IMG]

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