Consumers Shy From Spending, Despite Tax Cuts

Mony
18
0

Spending at U.S. retailers bounced back in March, but the broader trend in consumer spending shows moderate growth despite a solid labor market and growing worker paychecks.

The Commerce Department reported that retail sales reversed three straight months of declines in March, rising 0.6% from the prior month thanks largely to a bump in auto…

Facebook Comments

Comments are closed.