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Consumer Spending on Clothing and Footwear Rose in April, Beating Overall Expenditures

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Consumer spending on clothing and footwear increased 0.9 percent in April to $426.6 million from $422.78 million in March, the second straight monthly increase after falling in February. This outpaced overall personal consumption expenditures (PCE), which increased 0.3 percent, or $40.8 billion, in April, according to estimates released Friday by the U.S. Bureau of Economic Analysis (BEA)….

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