Business

Consumer Spending and Savings Trends

Updated 2026-07-30 14:55 UTC 1 source Negative

Americans are spending more but saving less as inflation surges. Consumer spending rose in June, but households had to rely on their savings to cover increased costs.

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MarketWatch

Americans are spending plenty — but they’re saving much less

Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a recent surge in inflation.

2026-07-30 14:40 UTC