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...
Last updated: 2026-08-27 10:19:53 ET
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...
The U.S. economy grew at a sluggish 1.5% pace from April through June
The Personal Consumption Expenditures index was unchanged from June, highlighting stubborn inflationary pressures.
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High gas prices and weaker pharmacy sales pushed Walmart's growth to its slowest pace in six years
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