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Nomura Research Institute

Nomura Research Institute latest

Over the 21 quarters since the beginning of 2008, real (inflation-adjusted) personal consumption has risen at an average annual rate of just 0.9 percent
June 11th, 2013 - 04:00 GMT

Don’t believe those stories that the American consumer is back

The spin-doctors are hard at work talking up America’s subpar economic recovery. All eyes are on households.
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