✉news BusinessEconomy first seen 15 h ago, last 50 min 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 continuing to spend robustly despite elevated inflation, with their spending serving as the main engine of US economic growth. The piece highlights the resilience of household demand even as prices remain high, a dynamic economists watch closely for signals about whether growth can be sustained or whether persistent spending will keep inflation pressures alive.
Why now: The resilience of US consumer spending despite persistent inflation is central to debates about the economy's direction and interest rate policy.
United StatesWall Street JournalAmerican consumers
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