Consumer spending climbs 0.7% in March. Auto sales surge. Consumer spending rose briskly in March, but not because Americans are gung-ho on the economy. Many bought new cars or other items to avoid potential price increases tied to U.S. trade wars.
Consumer spending climbs 0.7% in March. Auto sales surge. Consumer spending rose briskly in March, but not because Americans are gung-ho on the economy. Many bought new cars or other items to avoid potential price increases tied to U.S. trade wars.