Consumer spending lifts US growth
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The US economy grew faster than expected in the last quarter of 2006, lifted by consumer spending.
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Robust consumer spending on cars,  furniture and food helped the U.S. economy advance faster than  first thought in the third quarter, a government report showed,  while underlying inflation was the tamest in decades.
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The U.S. economy grew at a stronger  than expected pace during the final quarter of last year,  boosted by robust spending and slowing inflation that more than  offset the biggest decline in residential investment in 15  years, a government report on Wednesday showed.
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The national economy grew at a solid rate in the last three months, boosted by a rebound in consumer spending and another strong quarter of business investment, the Commerce Department reported yesterday.
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Spending by US consumers rose in November, suggesting shoppers will continue to boost economic growth this quarter. The 0.2 percent gain in personal expenditures on goods and services
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WASHINGTON -- Consumers increased their spending in July by the largest amount in six months and the back-to-school shopping season got off to a strong start in August, boosting hopes the economy will not stumble into a recession this year.
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U.S. consumer spending rebounded  sharply July, government data showed on Monday, erasing the  disappointment of June and bolstering hopes that the U.S.  economy has recovered from its recent soft spot.
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U.S. consumer spending rose a  sharper-than-expected 0.7 percent in October, but rising food  and energy prices ate up much of that gain, a government report  showed on Wednesday.
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The US economy expanded at a 3.7 percent annual rate in the third quarter, below expectations but still bolstered by healthy consumer spending that was accompanied
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US economic growth during the second quarter of the year was stronger than previously thought, the Commerce Department reported on Wednesday, partly because businesses
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US consumer spending picks up again, official figures show, but retailers are still  concerned about Christmas spending.
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U.S. stocks rose on Wednesday after data pointing to strength in consumer spending boosted optimism about profit growth and as bond yields retreated from five-year highs.
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The U.S. economy grew at a healthy  3.7 percent annual rate in the third quarter this year,  bolstered by strong consumer spending and accompanied by the  lowest inflation in decades, the Commerce Department said on  Friday.
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U.S. consumer spending rose a  sharper-than-expected 0.7 percent in October, showing the  economy off to a solid fourth-quarter start despite a step-up  in inflation, a government report showed on Wednesday.
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The outlook for the US economy in 2007 has picked up, a survey indicates, thanks to robust consumer spending.
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US consumers fed a pick-up in US economic growth in the third quarter but a sentiment survey for this month showed oil prices were dampening their spirits
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Heavy consumer spending in the United States strains the global economy and also sustains it.