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Economic Commentary
USA| Jul 26 2024
U.S. PCE Price Index Growth Remains Modest in June; Spending Growth Steadies
![U.S. PCE Price Index Growth Remains Modest in June; Spending Growth Steadies](https://hv-prod-s3-eclectus.s3.amazonaws.com/240726_A4_664b0bc95e.jpg)
- Price index held down by continuing weakness in goods prices.
- Real spending increases modestly m/m; trend growth is slightly higher.
- Spendable income growth after inflation remains stable & low.
by:Tom Moeller
|in:Economy in Brief
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