Consumer Spending Tumbles


Spending drops by 1% in October– the most since 2001.

Bloomberg: “The biggest consumer spending slump in three decades is likely to persist as home prices fall and job losses mount….”

Related Topics: News

Post a Comment

You must be logged in to post a comment.

  • Tweets

    View More Tweets From @TIME

Your browser, Internet Explorer 8 or below, is out of date. It has known security flaws and may not display all features of this and other websites.

Learn how to update your browser