Daily Market Updates: Consumer spending surged in Q2, raising slowdown risk

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Consumer spending surged in Q2, raising slowdown risk

MarketWatch says a repeat of the second-quarter pace is unlikely.

Reported · Written up by our desk · Economy

MarketWatch reports that consumer spending surged in the second quarter, contributing to a stronger view of the U.S. economy than some indicators suggest.

The outlet adds that another quarter with the same kind of consumer spending strength is unlikely, pointing to potential slowdown risk ahead.

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Consumer spending surged in Q2, raising slowdown risk

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