Employers added to their payrolls in June, but April and May saw sharp downward revisions.
Not Explosive: July 1 – 5
Consumer Spending Increases in May: June 24 – 28
The Fed’s preferred inflation measures cooled in May.
Slowdown in Sales: June 17 – 21
Retail and home sales both were soft in May.
What We Learned About the U.S. Economy Last Week 