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Americans bump up spending in June

NEW YORK - Americans increased their spending last month as inflation eased in many areas, and the job market remained remarkably strong.Retail sales rose 0.2% from May to June, following a revised 0.5% increase the previous month, the Commerce Department reported Tuesday.The figure matched the pace ....

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Americans increase spending modestly in June as inflation eases and the job market remains strong | iNFOnews

Americans increase spending modestly in June as inflation eases and the job market remains strong | iNFOnews
infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.

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Americans increase spending modestly in June as inflation eases and the job market remains strong

Retail sales rose 0.2% from May to June, following a revised 0.5% increase the previous month, the Commerce Department reported Tuesday. The figure matched the pace of consumer inflation in June from the prior month, underscoring that shoppers are just about keeping up with pricing pressures. Shoppers increased spending at electronic stores and furniture and home furnishings stores after a recent pullback. ....

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