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The 50 million Social Security recipients saw no gain at all in January because of low inflation, the first time that has occurred in more than three decades. In January 2009, incomes had risen at an annual rate of US$41.1 billion because of that year's cost of living adjustment. For the past two years, income growth has been held back by job losses caused by the worst recession since the 1930s. CONSUMER prices in the United States stayed flat in November, further evidence that inflation has cooled off. Energy costs dropped for the second straight month, which offset higher prices that Americans paid for food, clothes and medical services. Milder inflation offers some relief to consumers,Yeezy Boost 350, who were hit earlier this year with a surge in gas and food prices.
Just like 2010,Yeezy Boost 350 V2, when the S&P index lost 8 percent last month, Greece said that it will need outside help from other European Union countries to meet its debt payments. And in the US, the domestic economy sputtered again. Thirteen economic indicators, ranging from personal spending to manufacturing orders, were weaker than economists had predicted, a sign investors and analysts say indicates that high gas prices are slowing growth more than anticipated. US stocks dropped for a fourth day in a row yesterday as investors continued to express worry about the recent rise in bond yields. Banking stocks also dragged down the broader market.The Dow Jones industrial average dropped 70.73 points, or 0.47 percent, to 15,010.74. The Standard Poor's 500 index lost Yeezy 350 V2 for sale 9.78 points, www.kicks2017.com or 0.6 percent, to 1,646.05.
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