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Consumer Spending Rose Less Than Forecast

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Consumer Spending Rose Less Than Forecast

Economy

Consumer Spending Rose Less Than Forecast

Consumer Spending Rose Less Than Forecast

  • Download
  • <iframe src="https://www.npr.org/player/embed/136712423/136712278" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Spending rose 0.4 percent in April but much of the increase was eaten up by higher food and energy prices. After discounting for the jump in prices, spending inched up 0.1 percent. After-tax incomes were flat for a second straight month.