U.S. consumer spending rises; wage growth slows in second quarter

U.S. consumer spending rises; wage growth slows in second quarter Reuters By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending increased solidly in June as households spent more at restaurants and on accommodation, building a strong base for the economy heading into the third quarter, while inflation rose moderately The post U.S. consumer spending rises; wage growth slows in second quarter appeared first on Firstpost. FirstPost