August, Cash For Clunkers | featured news

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Cash For Clunkers Topics

U.S. Consumer Spending Jumps; Jobless Claims Up

Propelled by the auto rebate program, consumer spending rose sharply in August, but personal incomes lagged.

 

U.S. August auto sales boom but clunker hangover looms

U.S. auto sales boomed in August as consumers burned through $3 billion in government incentives, leaving automakers to contend with both inventory shortages and uncertain demand in the months ahead.

 

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