US Economy Shows Resilience on Solid Consumer Spending, Growth Data

US economy shows resilience on solid consumer spending, growth data

Cooler-than-expected August inflation data and strong consumer spending gave markets a boost before a frantic final hour of trading erased gains.

Americans spent more in August, but they raided their savings to do it

Consumer spending was strong in August, but personal income didn't keep up.

Consumer Spending Soared In August

Americans stepped up their spending in August, defying some of the weakest readings on consumer sentiment and confidence in years.

U.S. Consumer Spending Regains Momentum in August  - ActionForex

Personal income advanced by a modest 0.2% month-over-month (m/m) in August, below market expectations for a 0.5% gain. After adjusting for inflation, taxes, and transfers, real disposable personal income growth was flat. Consumer spending rose by 0.9% m/m, roughly in line with expectations. Higher prices – especially for gas – accounted for some of the […]

Personal Income and Outlays, August 2026 | U.S. Bureau of Economic Analysis (BEA)

Personal income increased $66.6 billion (0.2 percent at a monthly rate) in August, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). Disposable personal income (DPI)-personal income less personal current taxes-increased $68.6 billion (0.3 percent), and personal consumption expenditures (PCE) increased $190.8 billion (0.9 percent). Personal outlays-the sum of PCE, personal interest payments, and personal current…