Inflation hits consumer spending in February for clothes, shoes and home – Sourcing Journal

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Inflation hits consumer spending in February for clothes, shoes and home – Sourcing Journal







































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Consumer spending on clothing and footwear fell 2.1% in February to $498.97 billion after rising 7.1% the previous month, the Bureau of Economic Analysis (BEA) said Thursday in its report on personal income and expenses. Similarly, spending on home furnishings and durable household equipment fell 2.7% during the month to $495.32…

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