4445 Outlook

Economic Outlook: June 28, 2019

Jun 27, 2019  | Ep4445

Farmers have been fighting the loss of markets and bad weather but there are those among us who feel confident enough in the nation’s economic future to make a few purchases.  ---

Consumer spending increased 0.4 percent in May.

Orders for durable goods declined 1.3 percent in May but, without orders for transportation, core durable goods rose 0.3 percent.

This data comes on the heels of first quarter GDP rising 3.1 percent to outpace the Fed’s benchmark of 2.0 percent.

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