Home Business & Finance Americans are spending plenty — but they’re saving much less
Business & Finance

Americans are spending plenty — but they’re saving much less

Americans are spending plenty — but they’re saving much less
Key Points

Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a recent surge in inflation.

Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a recent surge in inflation. [Image text:] ovaSriles WAAAAT2-
Americans (ORG)
Originally published by MarketWatch Read original →