U.S. Consumer Spending Rebounded in May While Incomes Fell
People sit at restaurant tables in a closed off section of Dyckman street in the Inwood neighborhood of New York, U.S. (Photographer: Christopher Occhicone/Bloomberg)

U.S. Consumer Spending Rebounded in May While Incomes Fell

(Bloomberg) -- U.S. consumer spending surged by a record in May -- while remaining well below pre-pandemic levels -- as Americans spent relief payments and ventured out of their homes to newly reop...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.