June Sees Modest Rise in U.S. Personal Income and Spending — What This Means for Federal Reserve Policy and Market Watchers
June’s Consumer Spending: What It Really Means for Investors and Advisors June’s consumer spending data just dropped, and it tells a story that savvy investors can’t afford to overlook. Consumer outlays rose by 0.3%, adding nearly $70 billion month-over-month—a figure that signals broad-based strength across both goods and services. But beyond the headline numbers, there…