A government report showed that Americans earned and spent more last month than a lot of experts had predicted. Americans may have spent a little bit more in March. But economists say part of that is because we're paying more for some goods and services. Americans may have shelled out more, but not on expensive items. Sales of big-ticket goods, like cars and appliances, dropped last month.
Home prices are up six and a half percent from a year ago.
Despite this, some economic forecasters say consumers should not be overly worried about inflation. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Inc. Click here for the IBS privacy policy , terms of use . Click here for advertising information.