U.S. consumer spending picking up, gasoline prices a burden

May 15, 2018 admin Business News Comments Off on U.S. consumer spending picking up, gasoline prices a burden

WASHINGTON (Reuters) – U.S. retail sales rose moderately in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter.

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Source:: Reuters – Business News