U.S. consumer spending increased more than expected in April.<br />Consumer spending accounts for more than two-thirds of U.S. economic activity.<br />The US Commerce Dept. said it jumped 0.6 percent last month--the biggest gain in five months.<br />It's a further sign that economic growth regained momentum early in the second quarter.<br />Reuters reports inflation also continued to rise steadily.<br />Unemployment benefits applications dropped more than expected last week. <br />
