Americans, economy feel ripple effect from drop in spending

Source: Faye Fiore and Don Lee, Los Angeles Times (Free Registration)

Barbara Ott works three days a week at a jewelry store in the heart of historic Leesburg. Her husband is in business development. Their two children are grown and their income is about as high as it's ever been. They figured that with the kids launched they'd be eating out more. Not so — only about twice a month these days. Vacation? Not this year. And the new upstairs carpeting will have to wait.

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money management, spending, economy

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