Consumer Spending is Tightening Up… Kind Of
Motley Fool Money
Economic Indicators and Consumer Trends
This chapter examines the consequences of a new debt ceiling deal, particularly its effects on IRS funding and federal tax systems. It highlights recent economic data, including a jobs report and rising consumer debt, probing market reactions and the Federal Reserve's potential interest rate adjustments. Additionally, the chapter discusses retail sector challenges and consumer spending shifts towards essentials, using Macy's and Chewy as case studies to illustrate contrasting retail performances.
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