Growth in consumer spending moderated during May as had consumer sentiment in June.
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.
Despite Continued Strength in Consumer Confidence, Economic Growth Slows: April 24 – 28
The U.S. economy slammed on its brakes during the first quarter as consumer spending faltered.
