Americans kept spending in April even as gasoline prices continued to surge, a sign that higher energy costs have not forced a broad retreat in household outlays.
Consumer spending rose 0.5 percent from March, the Commerce Department said Thursday. Gasoline and other energy goods were a major driver, rising 5.7 percent for the month. But the gains were not confined to the pump.
Spending excluding food and energy rose 0.4 percent in April. Spending excluding food, energy, and housing climbed 0.3 percent. Services spending excluding energy and housing also rose 0.4 percent, showing that consumers continued to spend across a broad range of…
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