Consumers Are Still Spending, but the Details Show More Caution
The U.S. consumer has not disappeared. That is the most important message from the latest retail sales data. But the second message is just as […]
consumer spending
The U.S. Economy Is Still Growing—But the Story Is Becoming More Uneven
The Federal Reserve’s July Beige Book shows an economy that is still expanding, but with growing differences across consumers, industries, and regions. Here is what that means for households, investors, and businesses.