Skip to content

U.S. Household Spending Climbs 6% Year‑Over‑Year Amid Falling Savings Rate

Inflation fears on the rise as one-year outlook in Fed survey hits ...
Inflation fears on the rise as one-year outlook in Fed survey hits …

\n\n

Despite lingering consumer anxiety and stagnant real incomes, U.S. household spending has surged, up 6.1% over the past year through August—equating to a 2.6% rise after …