With business spending in the doldrums, the economy has relied more than usual on consumers to fuel growth, but hopes strong holiday shopping would offer a boost have faded.
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Thu, Dec 26, 2002 - Page 12 News List
US economy ends year on a bad note
UNCERTAIN FUTURE Data on holiday shopping indicate that this holiday season's sales will be the weakest on record as US consumers tighten their belts in expectation of a war
REUTERS , WASHINGTON
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