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Wednesday, October 26, 2011

How the economic slowdown has changed consumer spending in America

AMERICANS are spending less on clothes and eating out and more on household fuel bills and healthcare, according to data from the Bureau of Labour Statistics. Between 2007 and 2010, average annual consumer spending per unit—defined as a family/shared household or single/financially independent person—fell by 3.1% to $48,109.

http://www.economist.com/blogs/dailychart/2011/10/us-consumer-spending

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