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Consumer spending drops 0.4%, first decline since April

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WASHINGTON – U.S. consumer spending fell 0.4% in November, the first decline since April, as Americans confronted a newly resurgent virus.The November decline followed a 0.3% gain in October and even bigger increases starting in May, the Commerce Department reported Wednesday, as the country emerged from a pandemic lockdown that had been imposed to try to stop the spread of the virus.

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