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Consumer spending falls victim to debt repayment external link

Rate   BloggingStocks | by Tom Johansmeyer | Sat, Nov 7

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Sat, Nov 7 According to the Federal Reserve, borrowing fell at an annual rate of $14.8 billion in September -- it's biggest drop since July and much larger than the $10 billion predicted by economists. The behavior is exactly what you'd find in people worried about losing their jobs or focused on rebu...

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Source:  BloggingStocks
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