U.S. Consumer Spending Increased in May

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U.S. consumers resumed spending at a gradual pace in May thanks to a healthy rise in incomes and continued low prices.

Consumer spending rose 0.2% last month from April after a flat reading in the prior month, the Commerce Department said. Incomes rose 0.4% in May, helped by slow improvements in the jobs market.

http://online.wsj.com/article/SB10001424052748703964104575334562265693580.html?mod=djemalertNEWS

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