U.S. consumer spending falls in January

[March 02, 2015]  WASHINGTON (Reuters) - U.S. consumer spending fell for a second straight month in January, likely as lower gasoline prices continued to weigh on receipts at service stations.

The Commerce Department said on Monday consumer spending slipped 0.2 percent after falling 0.3 percent in December.

(Reporting by Lucia Mutikani; Editing by Chizu Nomiyama)

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