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Big drop in US consumber spending
consumer spending, which makes up about two-thirds of economic activity in the us, had risen 0.3% in september . _NULL_ _NULL_ meanwhile, new orders of durable goods - goods intended to largest for at least three years - fell by 6.25% in october . us consumer spending fell by 1% in october, the largest decline since september 2001, in a further sign of the deepening economic downturn . _NULL_ Generated 2008-12-20_5:14
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