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    U.S: Consumer Spending Growth Overshadowed by Federal Austerity

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    Published on Friday, April 26, 2013 | Updated on Monday, June 23, 2014

    U.S: Consumer Spending Growth Overshadowed by Federal Austerity

    Real GDP grew 2.5% SAAR in 1Q13 after a sluggish end to 2012. PCE was up 3.2% as consumers rallied, its highest growth rate since 4Q10

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