U.S. Consumer Spending Rises; Jobless Claims Fall

U.S. Consumer Spending Rises; Jobless Claims Fall Play

June 26 (Bloomberg) -- U.S. consumer spending climbed 0.2 percent in May, less than forecast, after being little changed in April, Commerce Department figures showed today. Separately, jobless claims fell by 2,000 to a one-month low of 312,000 in the week ended June 21, the Labor Department reported. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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