Commerce Department said on Friday consumer spending, which
accounts for more than two-thirds of U.S. economic activity,
jumped 8.2% last month. Consumer spending tumbled 12.6% in
April, the largest drop since the government started tracking
the series in 1959.
Economists polled by Reuters had forecast consumer spending
increasing 9.0% in May.
(Reporting by Lucia Mutikani; Editing by Chizu Nomiyama)
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