Consumer spending drops; so does stock market - WKOW 27: Madison, WI Breaking News, Weather and Sports

Consumer spending drops; so does stock market

Posted:

WASHINGTON (WKOW)--A drop in consumer spending added to concerns Friday that the economic recovery is not taking hold.

The news sent the stock market down dramatically; the Dow average lost 250 points and closed at 9,713.

Click the camera icon to learn more about Friday's economic developments.

Powered by Frankly