✉news BusinessEconomy first seen 19 h ago, last 1 h ago, peak #1
American Consumers Keep Spending Through Inflation, Powering Growth
Original: The Mighty American Consumer Is Crashing Through Inflation and Driving Growth
The Wall Street Journal reports that American consumers are pushing through elevated inflation and continuing to spend at a pace that is driving US economic growth. The piece points to resilient household demand as the key force keeping the economy expanding despite persistent price pressures. Commentators are weighing whether this spending strength can last if high prices and borrowing costs persist.
Why now: Fresh analysis of resilient US consumer spending is fueling debate about inflation and the economic outlook.
United StatesWall Street JournalAmerican consumers
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