Weekly Update 7/21/2023: Earnings Season Continues
Retail Sales - Headline retail sales rose a modest 0.2% in June versus an upwardly revised 0.5% in May
Retail Sales - Headline retail sales rose a modest 0.2% in June versus an upwardly revised 0.5% in May
The Federal Reserve's preferred measures of US inflation cooled in May as consumer spending moderated...
The US labor market sent conflicting signals in May as payrolls surged along with joblessness, giving Federal Reserve officials more reason to pause interest-rate hikes.
Key data was released this morning from the Bureau of Economic Analysis concerning the latest personal income and spending data.
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There were signs of cooling with annual wages rising at a slower pace and labor force participation rate edged up ever so slightly. All these items played a role in how consumers spend their money.