Personal income advanced by 0.2% month-over-month (m/m) in June, slowing from the 0.7% pace seen in the previous month. After adjusting for inflation, taxes, and transfers, real disposable personal income rose 0.3 m/m, matching last month’s pace. Consumer spending rose 0.3% m/m in nominal terms. The gain was slightly stronger in real terms, with volumes […]The post US: Solid June Caps A Strong Quarter for Consumer Spending appeared first on ActionForex.