Americans are spending plenty — but they’re saving much less | HappeningNow.news

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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
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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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AI summaries can be wrong sometimes—always verify important details using the source article.

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