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1. Consumer Spending Likely to Boost Growth in 2014
- Wednesday, January 22, 2014
WASHINGTON (AP) – Hopes are rising that consumers will drive stronger growth in 2014 after they stepped up spending at the end of last year in the United States and Europe.
The outlook for spending is brightening even though growth is weakening in some large emerging economies and slowing the sales of consumer product giants such as Unilever and Procter & Gamble.