US Economic Slowdown: The Fatigued American Consumer Pullback

1 min read
Source: Bloomberg
US Economic Slowdown: The Fatigued American Consumer Pullback
Photo: Bloomberg
TL;DR Summary

The US economy is experiencing a slowdown as consumer spending cools down, with government data, retailer warnings, and local business anecdotes indicating a pullback in discretionary spending by American households after a period of splurging over the summer.

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