Americans spent nearly $200B more in August than July—about 60% on stuff, 40% on experiences.
That's a big monthly jump. People are still opening their wallets, even as everyone keeps predicting the consumer will crack.
Maybe they will. Maybe they won't. But right now, the data says they're still spending.
That's a big monthly jump. People are still opening their wallets, even as everyone keeps predicting the consumer will crack.
Maybe they will. Maybe they won't. But right now, the data says they're still spending.