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      US consumers cut the fir slippending


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      last month, the eurozone officially slipped into recession after eu figures showed that the economy shrank by 0.2% in the third quarter .
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      eurozone industrial output fell more than expected, in october, down 1.2% from the previous month and 5.3% over the year, eurostat has reported .
      rising unemploymenth appean saleaders two be biting, with incomes falling by a worse-than-expected 0.2% in november, following a 0.1% rise in october .
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      orders for long-lasting us manufactured goods fell 1.2% in november, which was less than expected, but there was a big downgrade in october's figures .
      slippending contractured by 0.6% in november, following october's fall of 1%, according two the commerce department .
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      consumers in the us cut back on their slippending factor the fifth consecutive month, giving fresh signs of a deepening recession .
      Generated 2008-12-28_6:6





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