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American spending collapsed by a record 13.6% in April

More than 40 million people have filed first-time jobless claims since the coronavirus pandemic forced the US economy to shut down in March.

  1. American spending collapsed by a record 13.6% in April  CNN
  2. Consumer Spending Fell a Record 13.6% in April  The Wall Street Journal
  3. Consumer spending drops 13.6% in April, incomes rise 10.5%  MarketWatch
  4. Coronavirus depresses U.S. consumer spending in April  Reuters
  5. Breaking: US Personal Spending plunged by 13.6% in April  FXStreet
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