Americans’ spending and income rise in May

Published: June 28, 2010
Tags: business spending, Capital Economics, Commerce Department, consumer spending, economy, exports, housing market, stimulus, unemployment

By Christopher S. Rugaber AP Economics Writer Washington (AP) — Americans spent a little more in May but not enough to speed along the economic recovery. Consumer spending rose 0.2 percent last month after no change in April, the Commerce Department reported Monday. Incomes rose for the sixth time in seven months, boosting household finances [...]