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U.S. consumer spending falls a record 13.6% in April

Posted at 2:06 PM, May 29, 2020
and last updated 2020-05-29 18:35:52-04

New information shows another shocking statistic.

Consumer spending in the U.S. plunged by a record-shattering 13.6% in April. That comes out to about $1.89 trillion.

Last month's spending decline was far worse than the 7% drop in March.

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