Memorial Day 2019 - PCE report Consumer spending moves sideways in May, after adjusting for inflation. Double digit gains in spending on services offset a double digit drop in spending on goods. TSA throughout Memorial Day weekend was above 2019 levels, while the ranks of those who were out on… https://t.co/qri7AlQ66d

7:15am PDT - June 30th, 2023

PCE report Consumer spending moves sideways in May, after adjusting for inflation. Double digit gains in spending on services offset a double digit drop in spending on goods. TSA throughout Memorial Day weekend was above 2019 levels, while the ranks of those who were out on… https://t.co/qri7AlQ66d

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Diane Swonk (@DianeSwonk)