Personal spending and overall economic activity both slowed in August.
Job Creation and Wage Growth Slowed in August: August 28 – September 1
Manufacturing and construction sectors were responsible for more than a third of August’s net job creation.
Companies Continue to Hire, But Wage Growth Lags: July 31 – August 4
Employers continued to expand their payrolls during July, but they were stingier with pay hikes.
