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flag U.S. consumer spending rose 0.6% in September, fueled by services and durable goods, signaling economic resilience.

flag A new report reveals that U.S. consumer spending rose 0.6% in September, driven by increased spending on services and durable goods, according to the Commerce Department. flag The data suggests continued economic resilience despite high interest rates, with inflation pressures easing slightly. flag Wage growth remained steady, supporting household spending power. flag Economists note the trend indicates a strong labor market and ongoing demand, though concerns persist about long-term sustainability amid elevated debt levels.

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