Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

Rising US Consumer Spending Boosts Economy

The consumer spending that powers most U.S. econometric activity jumped a strong one percent in April, the biggest gain in about six years. Tuesday's report from the Commerce Department says the gains were due to increases in purchases of cars and other expensive, long-lasting goods. PNC Bank Chief Economists Stuart Hoffman calls the report "good news" for economic growth in April, May, and June. He also predicts that inflation will rise a bit this year. New data also...

Read complete article
© Voice of America -

Follow us on ...
Facebook Twitter