By Alexander Bueso
Date: Friday 28 Jun 2024
(Sharecast News) - Americans spent a bit less than anticipated last month even as price pressures slowed as anticipated.
According to the Department of Commerce, in seasonally adjusted terms personal incomes rose at a month-on-month pace of 0.5% in May (consensus: 0.4%).
Personal consumption expenditures however increased by just 0.2%...
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