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Business & Economics

Consumers cut spending by most in four years last month

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Summary
Nutrition label

76% Informative

Inflation declined to 2.5 percent in January compared with a year earlier , down from 2.6 percent in December .

Yet Americans cut their spending last month 0.2 percent , likely in part because of unseasonably cold weather.

Inflation spiked in 2022 to its highest level in four decades , propelling President Donald Trump to the White House .

VR Score

86

Informative language

91

Neutral language

68

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links