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u.s. department of labor news and archive

Apparel

US consumers spending less on clothing

American consumers have spent less on apparel in 2013 than they did in 2012. Clothing sales saw a sharp decline, as they responded to falling incomes, a new report by the US Department of Labor shows. The Consumer Expenditure Survey shows overall spending fell by 0.7 percent in 2013, after seeing a 3.5 percent hike in 2012, with spending on...

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