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Close-up of payment machine buttons with human hand holding plastic card near by

It was the first monthly spending increase since the pandemic hit

Woman Selling Soft Drinks At Farmers Market Stall

The June increase in consumer spending coincided with a 1.1% drop in personal incomes, however

ALFRED GESCHEIDT / GETTY IMAGES; ICONS: ISTOCKPHOTO

Reading was worse than expected, but above April's

Woman Selling Soft Drinks At Farmers Market Stall

Survey finds most remain concerned about health risks of large gatherings, air travel and dining out

Coffee Shop owners

Pent-up demand and government support may be propping up sales

Close-up of payment machine buttons with human hand holding plastic card near by

Consumer spending rose 7.5% in June

Man refuel his car on gas station

Consumer prices rose by 0.6% thanks to surging gas prices

Credit card

Consumer spending was up 4% compared to last year by the end of June

NYC Skyline

Spending was down 13.6%, compared to a 6.9% drop in March

man checking stocks on newspaper and tablet

The director will focus on consumer issues