An Already Stretched Consumer Threatened by Weak Job Growth
July 31, 2025
July 31, 2025
WASHINGTON, July 31 [Category: ThinkTank] -- The American Action Forum issued the following news release:
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An Already Stretched Consumer Threatened by Weak Job Growth
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Consumer spending accounts for nearly 70 percent of GDP, and there are growing signs that consumers are becoming increasingly stretched. The first reading of Q2 2025 GDP showed a noticeable slowdown in personal consumption expenditures growth during the first half of the ye . . .
* * *
An Already Stretched Consumer Threatened by Weak Job Growth
*
Consumer spending accounts for nearly 70 percent of GDP, and there are growing signs that consumers are becoming increasingly stretched. The first reading of Q2 2025 GDP showed a noticeable slowdown in personal consumption expenditures growth during the first half of the ye . . .