AxiosCenter·
Americans keep spending while "grumbling" about the economy
Data: U.S. Census Bureau ; Chart: Courtenay Brown/Axios The list of headwinds facing American consumers keeps getting longer. Yet their willingness to spend has not yet cracked. Why it matters: Economists feared that the Middle East-driven jump in gasoline prices would dent consumer spending. Instead, a still-stable labor market and rising household wealth appear to have given consumers enough cushion to keep spending. For Federal Reserve officials, resilient consumer demand is both encouraging…
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