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U.S. consumer spending rebounds; income drops

Video Credit: Reuters Studio - Duration: 00:56s - Published
U.S. consumer spending rebounds; income drops

U.S. consumer spending rebounds; income drops

U.S. consumer spending rebounded by the most on record in May.

But as Fred Katayama reports, the gains are not likely to be sustainable, with income dropping and expected to decline further as millions lose their unemployment checks starting next month.

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