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U.S. consumer spending falls unexpectedly in May
theglobeandmail.com/business/article-us-consumer-spending-may
U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead of tariffs faded, while monthly inflation increases remained moderate.
Consumer spending, which accounts for more than two-thirds of economic activity, dropped 0.1…
This story appeared on theglobeandmail.com, 2025-06-27 13:31:37.