Consumer spending shifted towards services as overall economic activity gathered speed in July.
Increasing Spending on Services, Decreasing for Goods: August 23 – 27
Expanding Further: July 26 – 30
Economic activity and prices keep growing.
A May Rebound: June 21 – 25
Consumer spending and economic activity held firm in May after a few bumps in April.
What We Learned About the U.S. Economy Last Week 