U.S. consumer spending accelerating; labor market robust

Filed under: News |

WASHINGTON (Reuters) – U.S. retail sales increased more than expected in May as consumers bought motor vehicles and a range of other goods even as they paid more for gasoline, the latest indication of an acceleration in economic growth in the second quarter.

Source:: http://feeds.reuters.com/~r/reuters/businessNews/~3/FUbvU3WqQEE/u-s-consumer-spending-accelerating-labor-market-robust-idUSKBN1JA1N8


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