Consumers spent far less in April, but their sentiment stabilized in May.
Was April the Bottom? Week of May 25 – 29
More Records Fall: May 4 – 8
The employment report highlighted a week full of dismal economic data.
GDP, Income, and Spending Plummet: April 27 – May 1
The shutdown late in Q1 inflicted significant damage.
What We Learned About the U.S. Economy Last Week 