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Consumer spending sees the smallest increase in seven months. Is the economy getting weaker?

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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 sees the smallest increase in seven months. Is the economy getting weaker?


Source:MarketWatch

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Sourcehttps://www.marketwatch.com/story/consumer-spending-posts-smallest-increases-in-14-months-is-the-economy-getting-weaker-1580cec6