US Consumers Lose Steam, Setting Economy Up for Sharp Slowdown
(Bloomberg) -- US consumer spending — the economy’s main engine — has lost steam for most of this year, portending weaker growth ahead while also helping to cool inflation.Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineChina’s Economic Woes Are Multip
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