A Saturday shopping trip started out fairly innocently… and ended with some big questions about our consumer economy and whether it is sustainable long-term.
Marketplace will spend a week looking at all aspects of the consumer economy — from businesses to workers to shoppers — and ask: Can we keep going at this rate?
In February, then March, Americans spent more money than the month before. But today there's news that consumer spending dropped a tenth percent in April.
U.S. personal income and consumer spending increased by 0.2 percent in March. Julia Coronado, chief economist with the investment bank BNP Paribas, discusses the numbers and what they mean for the economy.