Summer selling season looks like a washout as rainy weather, economic woes chill salesNEW YORK — As consumers get ready to celebrate July Fourth, many merchants already have dismissed summer as a washout. Consumer spending and incomes both drop by larger-than-expected amounts in MarchWASHINGTON — Consumer spending fell for the first time in three months while income growth slipped for a second straight month, indicating that the economy is still struggling to emerge from the recession. |
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