>Financial Daily Dose 6.17.2020 | Top Story: Consumer Spending Surged 17.7% in May, but ...
Financial Daily Dose 6.17.2020 | Top Story: Consumer Spending Surged 17.7% in May, but Economists Warn of Yearslong Recovery Ahead
Blog Post
May saw a huge jump in consumer activity to the tune of +17.7%, as Americans unleashed their pent-up demand. It was welcome news for markets and beyond, but “the underlying data presents a more complicated picture and shows just how arduous an economic recovery from the coronavirus pandemic will be” – NYTimes and WSJ and …
The post Financial Daily Dose 6.17.2020 | Top Story: Consumer Spending Surged 17.7% in May, but Economists Warn of Yearslong Recovery Ahead appeared first on Robins Kaplan Trial Attorneys Blog.
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