Saturday, March 1, 2008

Consumer spending stalls (AP)



Julian Andino, left, Chrisellda Arellano examine computers at Best Buy Wednesday, Feb. 27, 2008, in Atwater Village section of Los Angeles. Consumer spending was essentially flat for the second straight month in January, raising new concerns about a possible recession. (AP Photo/Ric Francis)AP - Consumer spending is threatening to stall out while consumer confidence, battered by soaring energy costs and falling home prices, has taken a steep nosedive.




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