{"id":869633,"date":"2026-08-27T00:34:08","date_gmt":"2026-08-27T00:34:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/869633\/"},"modified":"2026-08-27T00:34:08","modified_gmt":"2026-08-27T00:34:08","slug":"consumer-spending-cools-as-inflation-continues-to-weigh-on-americans","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/869633\/","title":{"rendered":"Consumer spending cools as inflation continues to weigh on Americans"},"content":{"rendered":"<p data-apitype=\"text\" data-contentid=\"PX3KOU7CHJC2XGCONBRXJ6MTW4\" data-el=\"text\" class=\"wpds-c-heFNVF wpds-c-heFNVF-iPJLV-css overrideStyles font-copy\" dir=\"null\">Americans pulled back on spending in July, as inflation continued to weigh on the economy, according to new data from the U.S. Bureau of Economic Analysis<\/p>\n<p data-apitype=\"text\" data-contentid=\"54LAXEJDTZDNXH7DWIKDVTMGRI\" data-el=\"text\" class=\"wpds-c-heFNVF wpds-c-heFNVF-iPJLV-css overrideStyles font-copy\" dir=\"null\">In July, consumer spending rose by 0.2 percent, which was down slightly from 0.3 percent growth a month earlier. Generally, Americans spent less on goods and more on services. Consumer spending fuels roughly two-thirds of the economy.<\/p>\n","protected":false},"excerpt":{"rendered":"Americans pulled back on spending in July, as inflation continued to weigh on the economy, according to new&hellip;\n","protected":false},"author":2,"featured_media":869634,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-869633","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/869633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=869633"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/869633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/869634"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=869633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=869633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=869633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}