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NEW RELEASE: U.S. Economy in a Snapshot, August 2018 → nyfed.org/usEconomySnaps… #EconomySnapshot
Real consumer spending increased in June at a pace similar to that in May, as real spending rose robustly in Q2. The rise in spending for June was led by services and durable goods expenditures. #EconomySnapshot
Business equipment spending rose moderately in the first half of 2018, a slower pace than in 2017. #EconomySnapshot
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