Consumer spending, a critical contributor to GDP growth, wobbled in August.
Consumer Spending Rises, Q2 GDP Growth Narrows: August 26 – 30
Consumers have been a bright spot for the U.S. economy, but their outlook may be tenuous.
Hiring Held Steady, The FOMC Did Not: July 29 – August 2
The Fed lowered its interest rate target even as the labor market continued to create jobs.
