Braking Down The News

Economy Week Ahead: Household Spending and Federal Reserve in Focus

Economists expect to see that consumer spending cooled last month



Economists surveyed by The Wall Street Journal expect surveys of purchasing managers released by S&P Global to point to a steadying of the U.S. services sector in August after it contracted in July, while pointing to a deeper decline in private-sector activity across the eurozone as rising prices eat into household spending power.


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