It was the first monthly spending increase since the pandemic hit
The June increase in consumer spending coincided with a 1.1% drop in personal incomes, however
Reading was worse than expected, but above April's
Survey finds most remain concerned about health risks of large gatherings, air travel and dining out
Pent-up demand and government support may be propping up sales
Consumer spending rose 7.5% in June
Consumer prices rose by 0.6% thanks to surging gas prices
Consumer spending was up 4% compared to last year by the end of June
Spending was down 13.6%, compared to a 6.9% drop in March
The director will focus on consumer issues