{"id":163926,"date":"2025-09-27T14:09:07","date_gmt":"2025-09-27T14:09:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/163926\/"},"modified":"2025-09-27T14:09:07","modified_gmt":"2025-09-27T14:09:07","slug":"world-economy-latest-resilient-us-consumers-continue-to-power-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/163926\/","title":{"rendered":"World Economy Latest: Resilient US Consumers Continue to Power Growth"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">US personal spending last month topped forecasts, illustrating consumers are generating momentum for the world\u2019s largest economy and so far undaunted by stubborn inflation and high interest rates.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The August gain in household spending suggests third-quarter growth may approach 4%, based on the Federal Reserve Bank of Atlanta\u2019s latest GDPNow <a href=\"https:\/\/www.atlantafed.org\/-\/media\/documents\/cqer\/researchcq\/gdpnow\/RealGDPTrackingSlides.pdf\" title=\"Link to GDPNow\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">estimate<\/a>. Second-quarter gross domestic product was marked higher in revisions this week as well.<\/p>\n","protected":false},"excerpt":{"rendered":"US personal spending last month topped forecasts, illustrating consumers are generating momentum for the world\u2019s largest economy and&hellip;\n","protected":false},"author":2,"featured_media":163927,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[13514,84,891,5472,62,4229,1294,74437,591,4168,819,1431,814,56,54,55],"class_list":["post-163926","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-august","tag-business","tag-china","tag-consumer-spending","tag-economic-growth","tag-economics","tag-economy","tag-euro-spot","tag-europe","tag-federal-reserve","tag-france","tag-inflation","tag-interest-rates","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/163926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=163926"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/163926\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/163927"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=163926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=163926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=163926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}