Consumers spent an average of $66 per day last month, according to polling released this week by Gallup. That’s 10 percent higher than the figure for last April. Middle- and lower-income respondents accounted for the gain, as daily outlays by upper-income respondents were flat.
The ongoing survey examines “the average dollar amount Americans report spending or charging on a daily basis, not counting the purchase of a home, motor vehicle, or normal household bills.” Gallup notes in its analysis of the April spending data that higher gas prices account for some of the year-to-year increase, but suggests that “the improving jobs situation likely also contributed.”
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