Thursday, April 30, 2020

Consumer Spending: Steepest Monthly Decline

The US Commerce Department is reporting the steepest monthly decline in consumer spending since 1959, when it began keeping records.
The decline occurred primarily in the second half of March, as COVID-19 stay at home orders went into effect. 
Rachel Silverman has details. 

IN:The 7
OUT:SOC
DUR: 34