Consumer Spending in U.S. Unexpectedly Falls as Incomes Stagnate

Consumer spending in the U.S. unexpectedly declined in April as incomes stagnated, putting the biggest part of the U.S. economy on shaky ground at the start of the second quarter. Household purchases, which account for about 70 percent of the economy, dropped 0.2 percent, after a 0.1 percent ris…

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Consumer Spending in U.S. Unexpectedly Falls as Incomes Stagnate

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