consumer spending

Rebound In Consumer Spending Fades In July

Consumer spending rose 1.9% last month — but the rebound slowed from May and June. Unemployment benefits continued to prop up spending in July, but that may change in August.

Say It One More Time: The Economy Is Slowing

The U.S. economy grew more slowly at the end of 2018 than initially thought. "GDP growth is slowing from unsustainable rates," one economist says. The slowdown is expected to continue this year.