Business

US consumer spending up 0.4 percent in June

By Martin Crutsinger
Published August 1, 2014 1:20pm ET
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US consumer spending up 0.4 percent in June
In this July 18, 2014 photo, Dawn Heigl, a waitress at The Harp, serves food at the restaurant in Wilmington, N.C. The Commerce Department reports how much U.S. consumers spent and earned in June on Friday, Aug. 1, 2014. (AP Photo/The Star-News, Matt Born) | Matt Born

WASHINGTON (AP) — U.S. consumer spending rose at the fastest pace in three months in June, providing momentum for the economy going into the second half of the year.

Consumer spending increased 0.4 percent in June on a seasonally adjusted basis following slower increases of 0.3 percent in May and 0.1 percent in April, the Commerce Department said Friday.

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