Today's PCE Data, Slowdown Of U.S. Economy

<p>What are the takeaways from today's PCE data? "Revision of first quarter GDP data showed consumption spending was much lower than expected. I expect spending to continue to moderate as the economy slows down. Early signs from the labor market reaffirm the slow down of the economy in the coming months," says Tuan Nguyen. </p><p><br></p>