✉news BusinessRetail first seen 9 d ago, last 3 d ago, peak #37
California consumer spending cools second-fastest in US
Original: California consumer spending sees second-largest cooling in US
New reporting shows California recorded the second-largest slowdown in consumer spending among US states, according to the Orange County Register and East Bay Times. The figures point to weakening household demand in the nation's most populous state, raising questions about the strength of the broader American economy as shoppers pull back across key retail categories.
Why now: Fresh data showing one of the sharpest drops in consumer spending in the country is fueling concern about the economic outlook.
CaliforniaUnited StatesOrange County Register
Evidence
- California consumer spending sees second-largest cooling in US · Orange County Register
- California consumer spending sees second-largest cooling in US · East Bay Times
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