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Tightening the purse strings

Name: Tightening the purse strings
Uploaded: 2014-06-27T10:40:05-0400
Duration: 1 min 3 s
Description: Consumers are dialing back spending as inflation inches up. Does that spell trouble for the U.S. economy? CBS MoneyWatch contributor Anthony Mirhaydari takes a look.

Consumers are dialing back spending as inflation inches up. Does that spell trouble for the U.S. economy? CBS MoneyWatch contributor Anthony Mirhaydari takes a look.