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September’s Clothing and Footwear Spending Breaks From August Results

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Consumer spending on clothing and footwear swung back up in September, marking five consecutive months of alternating increases and decreases, and reflecting the unstable readings from key economic indicators of the U.S. economy. Real personal consumption expenditures (PCE) for clothing and footwear rose 0.76 percent in September to $425.65 million from $422.45 million in August,…

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