Economic Recovery, June | featured news

Consumer spending, personal incomes both weak in June

Consumer spending, personal incomes both weak in June

The pace of consumer spending stalled in June and personal incomes failed to increase, further evidence that the economic recovery slowed in the spring.

 

Retail sales drop 0.5% in June

Retail sales fell in June for the second straight month, more evidence that the U.S. economic recovery will slow in the second half of the year.

 

Unemployment rate falls, but job momentum weak

Unemployment rate falls, but job momentum weak

Private employers add 83,000 jobs in June, more than double the rate in May but still below the numbers that would suggest a strong recovery.

 

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