Second-Quarter US Consumer Spending is Strong – Ecomhunt Blog
Photo by The Nix Company on Unsplash Consumer spending in the United States looks to have climbed significantly in April, with households increasing their purchases at online shops and spending more at restaurants and bars, indicating resilience in the face of growing headwinds to the economy. According to Reuters, data released on Tuesday showed that factory output increased last month, adding to the economy’s improved prospects. In May, homebuilder morale reached a 10-month high. The data added to April’s strong…