{"id":187109,"date":"2025-09-28T08:01:11","date_gmt":"2025-09-28T08:01:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/187109\/"},"modified":"2025-09-28T08:01:11","modified_gmt":"2025-09-28T08:01:11","slug":"world-economy-latest-resilient-us-consumers-continue-to-power-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/187109\/","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":187110,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[2254,28,144,16306,2447,110,101,13497,1076,2800,594,2402,9007],"class_list":["post-187109","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"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/187109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=187109"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/187109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/187110"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=187109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=187109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=187109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}