Financial Times FT.com

US consumer spending slows

By Eoin Callan in Washington

Published: July 31 2007 14:39 | Last updated: July 31 2007 14:39

US consumer spending rose at the slowest pace in nine months in June in a sign of cooling household demand.

Spending rose 0.1 per cent after a gain of 0.6 per cent the previous month, according to the Commerce Department.

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