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Nominal spending and inflation-adjusted consumption answer different questions. Historical releases preserve estimates available at their publication date.
Expanded original Quickanomics reporting with the source’s material findings, comparisons and qualifications at all three reading depths.
Event dates and source publication dates are shown separately.
The July release reported modest spending growth and a smaller inflation-adjusted increase.
Expanded original Quickanomics reporting with the source’s material findings, comparisons and qualifications at all three reading depths.
Correction: Expanded original Quickanomics reporting with the source’s material findings, comparisons and qualifications at all three reading depths.