Photographer: Mike Mergen/Bloomberg

U.S. Consumers Are Spending Again, Early Data Suggest

April may have marked a turnaround in household spending
Updated on

Everybody just relax: Last quarter's slowdown in consumer spending doesn't spell gloom and doom. There are hints that households are again ready to unleash the pent-up buying power spurred by low gasoline prices.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.