US: Focus on personal income and consumption - BBH

Research Team at BBH, suggests that the US reports personal income and consumption data for June. 

Key Quotes

“It contains no new information since the Q2 GDP.  The core PCE deflator may draw interest if it deviates from the 1.6% year-over-year pace seen in May.  To the extent that July data will matter to the FOMC when it meets next in late September, today’s auto sales report may show that after a shopping spree in Q2, consumers were not tapped out at the start of Q3.”