{
  "id": 3555461,
  "title": "US Consumer Spending Eases Less Than Expected",
  "url": "https://urgent.news/2026/08/26/us-consumer-spending-eases-less-than-expected",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T17:00:37.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/us-consumer-spending-eases-less-than-expected/"
  },
  "original_language": "en",
  "account": "In July 2026, US consumer spending rose by $36.3 billion, or 0.2%, compared to June, according to Trading Economics. While this figure fell short of the 0.3% increase anticipated, it surpassed expectations of a 0.1% rise. The growth was primarily driven by an upsurge in services spending, which increased by $86.2 billion. Conversely, spending on goods declined by $49.9 billion, largely due to a dip in energy-related goods (-$14 billion), recreational items and vehicles (-$13.6 billion), motor vehicles and parts (-$9.4 billion), and furnishings and durable household equipment (-$3.8 billion). Inflation-adjusted consumer spending remained relatively stagnant in July, after a 0.4% increase the previous month.",
  "summary": "US personal spending increased by $36.3 billion, or 0.2%, in July 2026 from the previous month, slowing from a 0.3% gain in June but exceeding expectations for a 0.1% increase, as an increase in services spending was partially offset by a decline in spending of most goods. Goods spending decreased $49.9 billion, driven by a ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}