Personal income increased $50.4 billion (0.2 percent at a monthly rate) in June, according to estimates released today by the U.S. Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal current taxes, increased $37.7 billion (0.2 percent) and personal consumption expenditures (PCE) increased $57.6 billion (0.3 percent).| www.bea.gov
Existing home sales fell 5.4% in June and median home sales reached its highest level on record.| New Jersey Monitor
Real-time Sahm Rule Recession Indicator| fred.stlouisfed.org
Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have slowed in recent months but remain strong, and the unemploy| Board of Governors of the Federal Reserve System