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US: Consumer Spending Grows, Even as Prices Remain Elevated in June 

US: Consumer Spending Grows, Even as Prices Remain Elevated in June 
Personal income grew 0.3% month-on-month (m/m) in June, which was below market expectations for 0.5% growth. This marked a deceleration from the prior month’s gain of 0.5%. Gains were led by compensation to employees, which also rose by 0.5% for the third consecutive month. Accounting for inflation and taxes, real personal disposable income rose 0.2% […] The post US: Consumer Spending Grows, Even as Prices Remain Elevated in June appeared first on Action Forex... Read More
Posted: Jul 28 2023, 14:09
Author Name: actionforex
Views: 101996

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