Us Consumer Spending Increased In June Market Business News WASHINGTON (Reuters) -US consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and unrevised 03% in June, the Commerce US consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third June, and implied that spending retained the momentum from the second
Consumer Spending Helps Economic Growth In Third Quarter Scott Anderson, BMO Capital Markets’ chief US economist, foresaw growth in line with the Fed’s goals In the previous quarter wage increases All of this boosted consumer spending WASHINGTON, Aug 30 (Reuters) - US consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter 03% in June, the Commerce In order for US consumer spending to have risen by an aggregate 16% in the second quarter (as reported by the government), June consumer spending would have had to rise approximately seven US consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing by an unrevised 03% in June, the Commerce Department
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