By Alexander Bueso
Date: Friday 27 Jun 2025
(Sharecast News) - Personal income and spending growth in the States undershot economists' forecasts during the month of May, alongside a slightly stronger-than-expected reading on inflation.
According to the Department of Commerce, in seasonally adjusted terms personal incomes and spending fell by 0.4% and 0.1% month-on-month, respectively.
Consensus on the...
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