According to newly released Department of Commerce data, personal incomes improved 0.4% in May, but personal spending advanced just 0.1% after a 0.4% gain in April. Core consumer prices (minus food and energy costs) rose only 1.4% during the 12 months ending in May.1,2,3
1 – cnbc.com/2017/06/30/us-
2 – sca.isr.umich.edu [6/30/17]
3 – marketwatch.com/economy-