Weak Consumer Spending, Record-Low Consumer Confidence Spell Bad News for the U.S. Economy
Jun 2nd, 2008 | By Jennifer Yousfi | Category: Politics & EconomicsConsumer spending – the driving force behind the U.S. economy – slowed in April. Soaring prices wiped out any benefit from the scant 0.2% increase in consumer spending in April, the Commerce Department announced.
