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06-28	US Equity Indexes End Week Mixed as Investors Gauge Monetary Policy Direction	MT
06-28	S&P 500 Edges Down on Week, Still Logs Strong Gain for First Half of 2024	MT

USA: 0.2% growth in household spending in May

June 28, 2024 at 08:43 am

U.S. consumer spending rose by 0.2% in May 2024 compared with April, on income growth of 0.5% month-on-month, according to monthly data from the Commerce Department.

The Commerce Department adds that household savings stood at $806.1 billion, and that the savings rate, i.e. household savings as a percentage of disposable income, was 3.9% last month.

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