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"In 2013 spend at discounters in November and December soared, while the mainstream retailers saw spending fall.
Having attacked the Conservatives for proposing a 'third fiscal rule' that would see spending fall as a share of national income, Labour is proposing to stick to that rule for the foreseeable future".
Gurus may be skeptical that Trex will maintain its growth if construction and home improvement spending fall on pressure from higher interest rates.
But McConnell said "the obvious solution" is deep spending cuts -- in particular, Republicans have called for cuts to Medicare -- and said Democrats' arguments for more stimulus spending fall flat given the success of the American Recovery & Reinvestment Act, the $830 billion stimulus package passed in 2009.
But why did individual spending fall, if sales rose?
The components of green technology, an important target of federal spending, fall into this category.
Similar(45)
Spending fell 1.2percentt in August.
But taxes cannot fall much unless spending falls, too.
Spending fell 0.1 percent in April, rose a tiny 0.1 percent in May and was flat in June.
Spending fell 1.2 percent, to an annual rate of $902.6 billion — the fifth decrease in six months.
Spending fell 0.2% in February compared with January, and were 4.8% lower than a year ago.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com