U.S. Personal Spending Plummeted by a Record 7.5% in March
A person displays U.S. dollar banknotes. (Photographer: Sarah Pabst/Bloomberg)

U.S. Personal Spending Plummeted by a Record 7.5% in March

(Bloomberg) -- U.S. personal spending plummeted in March by the most on record as widespread shutdowns and job losses from the Covid-19 pandemic wreaked havoc on the economy’s main engine -- consum...
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