Business & Economy · 1 views
Americans are spending plenty — but they’re saving much less
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 the…
Source MarketWatch AI Summary Updated 1h 21m ago
Story intelligence Beta
Freshness Fresh Updated 1h 21m ago
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Read time 1 min ~33 words
AI Summary
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.
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