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June 11, 2008

Economic indicator: Spam sales surging

By RACHEL BECK
AP Business Writer

NEW YORK — Spam's back on the menu at American homes. That says a lot about the state of the economy.

While we all haven't turned into couch potatoes, some recent corporate news from the likes of Hormel Foods Corp., Jo-Ann Stores Inc., TiVo Inc. and Wal-Mart Stores Inc. provides mounting evidence that more Americans are entertaining themselves with backyard barbecues, craft projects and lots of television watching.


 
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