Consumer Spending Increases

U.S. consumers resumed spending at a gradual pace in May thanks to a healthy rise in incomes and continued low prices.
Consumer spending, a key growth engine for the U.S. economy, was up 0.2% last month after a flat reading in April, the Commerce Department said in a report Monday. Incomes rose 0.4% in May, helped by slow improvements in the jobs market, following a 0.5% increase in April.