US consumers continue to open their wallets in July, a new study from the Bureau of the economic analysis shown on Friday, emphasizing the focus of household needs even above the Federal Reserve target.
That doesn’t mean that they never got out when they did.
The Federal Reserve Revenow gauge
The basic rating, which releases food and energy, improved by 0.3% from June and 2.9% from the year before, planning from Juni of 2.8%.
Taking from that? Consumers spend a lot but still the highest inflation, a problem that particularly affects the active and middle class, spend more things than in the activities.
So what do buyers buy?
The biggest things, including everything from cars to stocks. What do they don’t buy? Items, such as transportation, restaurants, or services.
The services may be starting to call too much.
Respondents voted by the University of Michigan said at a separate task that the prices went up in 4,8% on the following year. That compares to 4.5% in July, with consumer conviction at the lowest level from the beginning of summer.
In fact, everything sees its prices to rise, from the functions of entertainment, and it will increase over whatever has been submitted.
That leads to the highest pressure on these reports: The coming taxation of expensive taxes prescribed in the continuous military warning war in chronological order.
Some of the categories may strict? Tech and anything requires parts from overseas to make Tech Run, including chips, cheap parts, and shipping.
Tech usage is always strong this year
Nevertheless, although the latest inflation and its uncanny twins, Americans spent the technology in the world continuously continuously in all 2025.
The total US Tech value spent the forecast that cost $ 2.7 trillion in 2025, and consumer technology for predicting $ 537 billion in the purchase of consumer technology.
Some uses can be fake – evidence.
This currency use is reflected in a significant, progressive marketing, high mobile data usage, and certain issues that are growing, although the unique costs such as the broadcasts of advertisements and Internet are in view of the economy.
That is compatible with the data, such as the purchase of long-term assets – all from vehicles to the cars-send its monthly solid progress from March, increases 1.9% after decrease back.
“Ignoring the property for long-term objects is July, which can relieve the troubles related to pricing,” Wells Fargo Economid Professional Tem Quinlan and Shannon Grein told CNN.
What other high points are there?
There are some good news for consumers, and that depends on the hiring and what you have to have and how much you do.
Personal introduction has risen 0.4% in July, supported by powerful salary. But at a worrying station, he spends money from the report. That is a sign that visual economy is closely, because it means that homes may be collected for savings to work. The savings level held 4.4%.
“Consumers are now strong now, and inflations of the goods are always available,” Chris Rupkey, the main economy in Fwdbonds, told CNN. “The tax war is currently reducing the economy by praying or insulted to scare inflation.”
The markets are depressed after the report. The DOW is not the morning 0.21%, while S & P 500 future has left 0.23% and NASDAQ Stusue declined 0.44%. The loss was written after being released, in accordance with the expectations of inflation.
So we wait for tax values
Economists suggest that a great risk comes. With the sorting pricing in filters of the supply chains, companies pass a little bit over the high cost.
“Real beating comes in the next six months,” Heather Long, the main economy in the Navy Federal Credit Union, told CNN. He warned that the US may have entered the “Stageflation-Lite” section, where we have slow growth with high infilation.
Unlike 2022, when households still with the pandemic-er save homes, today consumers show more numbers of the numbers. Businesses, facing high costs, can start reducing employees to protect margins.
“The FED needs to cut in September and again in December, said Dlod.” The threat of inflation is not true, but the risk of judgment cycles. “
