Laura Coates Live

L.A. Port Chief Warns Of Drop In Shipping Volume & Higher Prices

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A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two years, new data showed Wednesday. Consumer spending leapt 0.7% from February, according to a Commerce Department report that showed Americans shelled out last month for durable goods, particularly automobiles.

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