Personal Spending Unchanged in June

[Stay on top of transportation news: .]

Consumers’ personal spending did not change in June, the Commerce Department said Tuesday.

Economists had predicted a 0.1% increase after May’s 0.1% gain, Bloomberg reported.

Personal incomes rose to 6.4%, the highest level in a year, Commerce said.

An increase in consumer spending could increase demand for new factory goods and the trucking shipments that get them to stores.



Ìý

Trending

Newsletter Signup

Subscribe to Transport Topics

 

Hot Topics