Consumers slowed their pace of savings to maintain their spending.
Some Movement: August 19 – August 23
Housing had a modest rebound mid-summer.
Inflation Lets Up (a Bit): August 12 – August 16
Inflation remained in check in July.
What We Learned About the U.S. Economy Last Week
Weekly Economic Update: A brief, non-technical review of the previous week's U.S. economic data releases by Kevin A. Roth, PhD
Consumers slowed their pace of savings to maintain their spending.
Housing had a modest rebound mid-summer.
Inflation remained in check in July.