U.S. Consumer Spending Increased in May

0
2289
article top

U.S. consumers resumed spending at a gradual pace in May thanks to a healthy rise in incomes and continued low prices.

Consumer spending rose 0.2% last month from April after a flat reading in the prior month, the Commerce Department said. Incomes rose 0.4% in May, helped by slow improvements in the jobs market.

https://online.wsj.com/article/SB10001424052748703964104575334562265693580.html?mod=djemalertNEWS

Comments

comments