U.S. consumers spent more in May as their income increased, encouraging signs after a slow start to the year.
June 27, 2013 at 12:00 AM
1 minute read
U.S. consumers spent more in May as their income increased, encouraging signs after a slow start to the year.
The Commerce Department said Thursday that consumer spending rose 0.3 percent last month, nearly erasing a similar decline in April. But the government also said spending was weaker in April, February and January than previously estimated.
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