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We’re spending less on things that are getting cheaper

In February, then March, Americans spent more money than the month before. But today there's news that consumer spending dropped a tenth percent in April.

In February, then March, Americans spent more money than the month before. But today there’s news that consumer spending dropped a tenth percent in April. It’s being read by some as a sign of a tepid economy.

Chris Low, chief economist with FTN Financial, joins Marketplace Morning Report host David Brancaccio to share his take.

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