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To: patron_anejo_por_favor who wrote (111282)7/5/2001 4:14:52 PM
From: Ken98  Read Replies (2) | Respond to of 436258
 
Nice to see Commerce Dept. hasn't changed with the new administration:

<<Commerce Dept. Revises Down May Spending
WASHINGTON (Reuters) - The Commerce Department on Thursday revised down its figures for U.S. consumer spending in May to a smaller 0.3 percent increase to correct a glitch in data released earlier in the week.

In its monthly report on personal income and spending released on Monday, the Commerce Department had said consumer expenditures were up a larger-than-expected 0.5 percent. That had led some economists to up their estimates of second quarter economic growth. Economists polled by Reuters had expected only a 0.4 percent gain in May spending.

In a release issued Thursday afternoon, Commerce blamed its misstatement of the current-dollar spending figures on an unspecified ``computational error.''>>

biz.yahoo.com

If I recall, that statistical tidbit and the NAPM were good for more than a couple Dow points on Mon.