Americans Kept Spending in June to End Better Second Quarter
U.S. June Consumer Incomes Rise 0.4%, Spending Up 0.2%
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American households kept spending in June, capping a stronger quarterly performance for the biggest part of the economy.
The 0.2 percent increase in purchases followed a 0.7 percent May advance, Commerce Department figures showed Monday in Washington. The June gain matched the median forecast of economists in a Bloomberg survey. Incomes climbed 0.4 percent for a third month.