• TheGoodfella

May consumer spending flat; incomes fall and prices jump, Inflation rises.

Welcome to 2021 and the Federal Government Cabinet more worried about appeasing than leading the USA to growth and prosperity.

WASHINGTON (AP) — Consumer spending was flat in May while incomes dropped for a second month as the impact of the government’s individual impact payments waned. Inflation, however, posted a sizable gain of 0.4%.