US consumer spending slowed in December - Is it a warning for the economy?

Inflatie

Retail sales in the US were unexpectedly flat during the December holidays, suggesting a pullback among consumers and raising questions about a broader economic slowdown. The report, released on Tuesday by the Commerce Department, marks a break from relatively robust spending in recent months. Americans had continued to open their wallets even as sentiment about the economy dimmed. But a faltering labour market, persistent inflation and cooling wage growth contributed to a lacklustre end to the

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