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U.S. Consumers Are Spending Again, Early Data Suggest
April may have marked a turnaround in household spending
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Everybody just relax: Last quarter's slowdown in consumer spending doesn't spell gloom and doom. There are hints that households are again ready to unleash the pent-up buying power spurred by low gasoline prices.
So says an early look at last month's consumer spending data from Visa Inc., which released figures Thursday as part of a new quarterly report.