Consumer spending is up, will the economy follow?

Diane Swonk Jun 27, 2013
HTML EMBED:
COPY

Consumer spending is up, will the economy follow?

Diane Swonk Jun 27, 2013
HTML EMBED:
COPY

Consumer spending rebounded in May with personal income up the most in three months. Diane Swonk, chief economist with Mesirow Financial, joins Marketplace Morning Report host David Brancaccio to share why she thinks the latest upbeat data don’t add up to a strong economy.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.