Consumer spending rose 7.5% in June
Sales rose by a record 17.7%
But there could be a rebound as states and localities reopen
The pace of annual average wage growth slowed in December to 2.9% from 3.3% a year ago
Home prices rose at a slower pace in May
Prices remain high, while supply—and income—stay low
The country added 224,000 jobs after weak employment growth in May
Core prices rose 0.1% in May
February saw housing starts slump to 8.7%
New residential construction rose 18%, led by single-family houses