Consumer spending rebounds, calms recession fears
Baltimore Sun
US consumer spending rose at its fastest pace in five months in July, backing views the economy was not falling back into recession, although pending sales of previously owned homes fell. The Commerce Department said on Monday consumer spending
Spending climbs 0.8% in July as savings dip MarketWatch


US consumer spending rebounds in July Financial Times
Consumers spend and the market goes wild Houston Chronicle (blog)
ABC News -The Consumerist -New York Times
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