Consumer spending increased in July at the slowest pace in seven months, indicating the U.S. economy lost some momentum after the end of the 2026 Word Cup and the start of the third quarter.
WHO:U.S. consumer spending
WHAT:Consumer spending rose in July at the slowest pace in seven months.
WHEN:Reported Aug 26, 2026 at 9:52 AM ET
WHERE:USA
WHY:Spending growth slowed after the end of the 2026 Word Cup and the start of the third quarter.
Reporting from 2 identified publishers across this event arc.
