US Consumer Spending Up a Solid 0.4 Percent in July

U.S. consumer spending rose a solid 0.4 percent in July, the sixth straight month of healthy gains. At the same time, a key gauge of inflation posted its sharpest annual gain in six years, likely keeping the Federal Reserve on track to keep raising interest rates gradually.

from Restaurants & Food - ArkansasBusiness.com https://www.arkansasbusiness.com/article/123389/us-consumer-spending-up-a-solid-04-percent-in-july