The latest figures dash any hope that inflation has already peaked.
Primary consumer expenses have been rising at double-digit annual rates for the first time since 1981.
The report suggests that employers had success filling open positions in the month.
Unadjusted for inflation, spending rose 0.9% from the prior month, while personal income climbed 0.4%.
Gen Z and millennials are more likely than their older counterparts to travel this summer.
It's been a boon for white-collar workers who live in these cities.
The data suggest that Americans are still spending on merchandise at a rapid clip.
But underlying details show still-solid household demand and business investment.
Bank CEOs kicked off earnings season with a consistent message that household finances and demand are in solid shape.
The number of total homes authorized for construction but not yet started rose 2.9% in March.
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