Consumer spending was flat in April

1
193

Consumer spending was flat last month as the recent boost from stimulus checks tapered off and shoppers grappled with inflation worries.

Retail sales are unchanged.

People are worried about the inflation.

Government stimulus checks can’t spur any lasting economic surge yet politicians insist on  doing it over and over.

Excluding autos, retail sales declined 0.8%, missing the 0.7% increase that was anticipated.


You can comment on the article after the ads and subscribe to the Daily Newsletter here if you would like a quick view of the articles of the day and any late news:

PowerInbox
0 0 votes
Article Rating
1 Comment
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Fizzy Lifting Drinks
Fizzy Lifting Drinks
4 years ago

Forward to the UBI/EBT Wakandatopia!
Yes we can.
Just in time supply chain?
A construct of the white male patriarchy, comrade.
Cracked bridges? Racist!