" A city gave me a proclamation, because the occupancy rate and the motels in Santa Fe was up 6 percent two years in a row and nobody could figure out why" .
But wage growth has been a consistent challenge for the economy and 49 percent of the Americans surveyed said the cost of living is rising faster than their families incomes.
Government says its producer price index as the cost of goods and services before they reached consumers rose by the biggest advance in 7 months in April, up 0.7%.
Despite tepid sales last month, lower unemployment and rising wages could give Americans more disposable income this year, says economist Gus Faucher on Skype.