Consumer spending up in May

06/29/2009 | Washington Post (tiered subscription model), The

The government's stimulus pushed up incomes, allowing for an increase in consumer spending in May. It was the first time consumer spending had risen since February. But an upward trend, some economists said, might not take hold. "As long as the employment situation remains bleak, I wouldn't expect consumer spending to change," said Richard Yamarone, an economist with Argus Research

View Full Article in:

Washington Post (tiered subscription model), The

Published in Brief: