The Commerce Department said on Thursday consumer spending, which accounts for more than two-thirds of U.S. economic activity, tumbled 7.5% last month after rising 0.2% in February. Economists polled by Reuters had forecast consumer spending falling 5.0% in March.
The drop was more than three times larger than the previous record decline of 2.1% in January 1987. The Commerce Department began tracking the data in 1959.
No money no honey
Thanks fear mongering Demonrats. You exceeded your goal
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with all the rush to the grocery stores & etc, I think their 's are BS!
Yet I STILL cannot find hand sanitizer
What did they expect ?
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