Americans are spending plenty — but they’re saving much less

Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a recent surge in inflation.

MarketWatch · Jul 30, 2026, 10:40 AM EDT

Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a recent surge in inflation.

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