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Author: OrmontUS ✭🐝🐝  😊 😞
Number: of 587 
Subject: Spending, inflation up
Date: 09/26/2025 9:01 AM
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Americans ramped up their spending in August, despite elevated inflation, new data showed Friday.

Consumer spending rose 0.6% from July, according to Commerce Department data released Friday. That was above expectations for a 0.5% bump, according to FactSet consensus estimates.

The Personal Consumption Expenditures price index — the inflation gauge the Federal Reserve uses for its 2% target rate — rose 0.3% on a monthly basis, which lifted the annual rate to 2.7% from 2.6%.

Inflation, as measured by the PCE price index, is at a six-month high.

Economists were expecting inflation to rise 0.3% from July and increase to 2.7% annually.

As of now, the stock indexes are ecstatic.

Jeff
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Author: Timer321   😊 😞
Number: of 587 
Subject: Re: Spending, inflation up
Date: 09/26/2025 9:25 AM
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Asking Google AI questions after reading your post.

Savings slightly up
Credit card debt is slightly down
Pay slightly up

I can not vouch for AI's veracity.
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