More bad news.
Personal spending goes negative in June to -0.2%
Analysts had expected a gain of 0.1%.
Income growth of just 0.1% is below expectations of 0.2% growth.
The signs of the new recession keep piling up.
Original: Next up on the data parade: June personal income and spending.
June by now seems like ages ago, but regardless, analysts are looking for income growth of 0.2% down from 0.3% last month.
Spending is expected to grow by 0.1%, up slightly from 0.0% the month before.
The number is out at 8:30.