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Higher Prices Dim Consumer Spending

June 18, 2018
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Consumer spending, after adjusting for inflation, fell 0.2 percent in June as shoppers were hit with the biggest increase in prices in nearly three decades. (New York Times — 4 August, 2008)
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Consumer spending, after adjusting for inflation, fell in June as shoppers were hit with the biggest increase in prices in nearly three decades. (MSNBC — 5 August, 2008)
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The current economic downturn began with housing. But ask Americans what worries them most about the lousy economy, and they are most likely to mention rising prices. (MSNBC — 2 hours ago)
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With the bulk of some $100 billion in tax rebates now deposited in consumers’ bank accounts, the hoped-for boost in spending has proved disappointing for nation’s retailers. (MSNBC — 8 August, 2008)
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