Consumer spending sees the smallest increase in seven months. Is the economy getting weaker?
Consumer spending rose in July at the slowest pace in seven months, suggesting the U.S. economy lost a little steam after the end of the 2026 Word Cup and start of the third quarter.
Consumer spending rose in July at the slowest pace in seven months, suggesting the U.S. economy lost a little steam after the end of the 2026 Word Cup and start of the third quarter. This story matters for Finance & Markets readers tracking trade. Reported by marketwatch.com. Read the full original at the source link below.
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