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Household Spending Rose in April Despite High Inflation, Economists Say
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U.S. households increased their spending last month, economists say, despite high inflation and wage growth that hasn’t kept up with rising prices.
Economists surveyed by The Wall Street Journal estimated consumer spending for goods and services rose 0.7% in April from the prior month, while incomes rose 0.5%.
Read more on wsj.comAbout this in other media
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