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"Personal income and spending grew in March at the slowest rates in three months, the Commerce Department reported today, suggesting that the economy began to cool somewhat entering the second quarter."
"The 0.4 percent gain in income came after a 0.6 percent increase in February, the report said. Spending also rose 0.4 percent after a 0.6 percent gain, as purchases of durable goods, like appliances, as well as those of services and nondurable goods slowed. The rises matched forecasters' expectations."
"Consumer spending grew at a 3.5 percent rate in the first quarter, as the economy expanded at a 5.8 percent pace. First-quarter spending was slower than the 6.1 percent rate in the final three months of 2001."
"Disposable income, or the money left over after taxes, increased 0.5 percent in March after rising 0.7 percent a month earlier. Wages and salaries rose 0.2 percent in March, half the increase in February."
8:35:24 AM Google It! 
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