Personal incomes are down … but consumer spending is up?

May saw the biggest increase in consumption ever, but we are still down 12% from spending in February.
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Consumers spending jumped a record 8.2% in May, but "we're not even close" to back to normal. Airlines executives are going to the White House today to talk COVID-19 concerns. And, Ibiza's clubs are shut down for the foreseeable future.
Music from the episode
Green Onions Booker T. & the M.G.'s
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Daniel Shin
Producer
Jay Siebold
Technical Director
Brian Allison
Engineer
Meredith Garretson
Senior Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Alex Schroeder
Producer