U.S. consumer spendings do not change

The U.S. consumer spendings were stagnated in April, while personal income, thanks to the improvement in the labor market, increased.

According to the communication of the Ministry of Commerce; personal spendings were on the lowest value since September, when the value decreased by 0.6 percent. In March the figure increased by 0.6 percent. In Reuters’ survey the analysts forecasted a 0.3 percent growth for consumer spendings – reports tozsdeforum.hu.