Consumer Spending Defies Economic Headwinds

Against all odds, U.S. retail sales defied economic headwinds in August, jumping 0.6% and exceeding expectations! Despite a cooling job market and persistent inflation, Americans kept spending, particularly online at places like Amazon. From cars to clothes and nights out, consumers showed surprising resilience, leaving economists wondering: can this spending spree last? Hosted on Acast. See acast.com/privacy for more information.