- U.S. consumer spending rose by 0.2%, or $32.7 Billion, in May, down from 0.6% in April.
- Personal income increased by 0.5%, or $113.4 Billion, in May, the same reading as April.
- The overall personal consumption expenditures price index rose 0.6% in May and is up 6.3% from a year prior.
- The core personal consumption expenditures price index, which excludes food and energy, rose 0.3% in May and is up 4.7% from the previous year.
- The Right Facts will continue to monitor spending and income.