US Consumer Spending Up Slightly

Posted by Scott Boyd at 9:17 am UTC, 06/28/2010

The US Commerce Department said that consumer spending rose by 0.2 percent in May. Despite the slight increase, spending on goods actually decreased in May, while spending on services increased, which the Commerce Department attributed to a greater demand for electricity.

Source: Associated Press

Filed under: Forex Round Up, USD

Leave a Comment

Trackbacks (1)

Tweets that mention US Consumer Spending Up Slightly | OANDA Forex Blog -- Topsy.com on 06/28/2010 UTC at 9:41 am

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities.
Opinions are the authors — not necessarily OANDA’s, its officers or directors. OANDA’s Terms of Use and Privacy Policy apply.

© 1996 - 2012 OANDA Corporation. All rights reserved. All Registered Trade Marks used on this Website, whether marked as Trade Marks
or not marked, are declared to belong to their respective owner(s). OANDA Corporation owns Trade Marks of all its "FX" products.

US Consumer Spending Up Slightly

Recent Articles

Forex Insights »

Latest Articles