Consumers Spending More Money, Sele...
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  Consumers Spending More Money, Selectively

Play Consumers Spending More Money, Selectively Consumers Spending More Money, Selectively

"Self-gifting" among consumers may account for some gains in spending, and there's pent-up demand for business purchases, but we're not seeing a broadly rising tide, says David Schmittlein, dean of MIT's Sloan School of Management. Jonathan Burton reports.


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