May 22 (Bloomberg) -- Consumer spending probably cooled in April as higher food and fuel prices forced Americans to cut back on other items, economists said a government report this week will show.
Purchases increased 0.5 percent, the smallest gain in three months, after climbing 0.6 percent in March, according to the median estimate of 66 economists surveyed by Bloomberg News before a May 27 Commerce Department report. Other data may show business investment, the stalwart of the recovery, kept growing.
(...) By Timothy R. Homan
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