Growth in consumer spending moderated during May as had consumer sentiment in June.
Consumer Spending Pauses, Expectations Ease: June 26 – 30.
The Unemployment Rate Falls to a 16-Year Low: May 29 – June 2
The last time the unemployment rate was this low, it was 2001. But the pace of job creation during May was relatively modest.
Q1 GDP Growth Revised From Weak to Tepid: May 22 – 26
The U.S. economy expanded at a tepid pace in early 2017 while the housing market paused in April.
What We Learned About the U.S. Economy Last Week 