Consumer Spending in US Below Forecast on Slow Wage Gain – Businessweek
NPR |
Consumer Spending in US Below Forecast on Slow Wage Gain
Businessweek Stronger property values are helping bolster household purchases of appliances and automobiles even in the face of rising mortgage rates, supporting home improvement retailers such as Lowe's Cos. and Home Depot Inc. Photographer: Ty Wright/ … Cooler Spending in U.S. Signals Slow Start for Quarter: Economy Weak spending, inflation data point to soft US economy Consumers gripped wallets tight in July, even with prices tame |
