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U.S. consumer spending accelerating; labor market robust

m.knox

Well-Known Member
Gold Member
Aug 20, 2003
127,392
86,563
1
Courtesy of Obama........ lmfao..... He really needs to keep telling America's employers that they don't pay their fair share and threaten them with mandated increased wages and regulations.......

He just needed 18 more months to see the dream come true.

https://www.reuters.com/article/us-...-may-weekly-jobless-claims-fall-idUSKBN1JA1N8

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.

Other data on Thursday showed a further tightening in labor market conditions, with first-time applications for unemployment benefits unexpectedly falling last week and the number of Americans on jobless rolls declining to a near 44-1/2-year low.
 
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