CNBC.com Adam Sarhan Quote: 4-U.S. inflation-adjusted consumer spending falls in June

CNBC.com Adam Sarhan Quote: 4-U.S. inflation-adjusted consumer spending falls in June

Published: Tuesday, 31 Jul 2012 | 8:42 AM ET NEW YORK, July 31 (Reuters) – Spending by American consumers fell in June for the first time in nearly a year when accounting for inflation, suggesting the economy lost momentum as it ended the second quarter.   COMMENTS: MATTHEW LIFSON, SENIOR TRADER AND ANALYST, CAMBRIDGE MERCANTILE GROUP,…