US EditionConsumer Spending Rebounds Slightly in June, But Signals Point to Strained Households - The Registry
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The RegistryConsumer Spending Rebounds Slightly in June, But Signals Point to Strained Households - The Registry
Consumer spending in the United States ticked up modestly in June, but signs of strain are growing among households, according to the latest analysis from Wells Fargo Economics. The inflation-adjusted gain of just 0.1 percent in real personal spending only partially recovers May’s decline, underscoring a broader slowdown in consumption that has emerged over the first half of the year. The June uptick in consumer spending came in at 0.3 percent, …
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