US consumer spending slows sharply to a 0.3% gain in July while inflation remains high, rising 4.2% in the past year

WASHINGTON (AP) — US consumer spending slows sharply to a 0.3% gain in July while inflation remains high, rising 4.2% in the past year.

Copyright © 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up