Economic Activity Gained During Q2, The Fed Holds Firm: July 24 – 28

Q2 had more than twice the rate of GDP growth than there was during the first three months of 2017.

Consumer Spending Pauses, Expectations Ease: June 26 – 30.

Growth in consumer spending moderated during May as had consumer sentiment in June.

The last time the unemployment rate was this low, it was 2001. But the pace of job creation during May was relatively modest.