Consumer Spending in U.S. Climbs More Than Forecast on Services

Consumer spending in the U.S. rose more than projected in March reflecting a jump in outlays for services that is unlikely to be repeated, signaling the biggest part of the economy will soften this quarter. Household purchases, which account for about 70 percent of the economy, climbed 0.2 perce…

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Consumer Spending in U.S. Climbs More Than Forecast on Services