{"id":33314,"date":"2020-08-28T17:03:01","date_gmt":"2020-08-28T13:03:01","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33314"},"modified":"2020-08-28T17:03:03","modified_gmt":"2020-08-28T13:03:03","slug":"us-consumer-spending-exceeds-expectations-in-july","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-consumer-spending-exceeds-expectations-in-july\/08\/28\/market-updates\/","title":{"rendered":"US Consumer Spending Exceeds Expectations in July"},"content":{"rendered":"\n<p>US consumer spending increased more than expected in July, bolstering expectations of strong economic growth recovery in Q3, although the momentum will likely subside as the Covid-19 pandemic continues and the impact of the fiscal stimulus dissipates.<\/p>\n\n\n\n<p>The US Commerce Department said consumer spending, which accounts for more than two-thirds of US economic activity, increased 1.9% last month, after jumping 6.2% in June.<br><\/p>\n\n\n\n<p>Economists polled by Reuters had expected consumer spending to rise 1.5% in July.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US consumer spending increased more than expected in July, bolstering expectations of strong economic growth recovery in Q3, although the momentum will likely subside as the Covid-19 pandemic continues and the impact of the fiscal stimulus dissipates. The US Commerce Department said consumer spending, which accounts for more than two-thirds of US economic activity, increased &hellip;<\/p>\n","protected":false},"author":9,"featured_media":33315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7172],"class_list":["post-33314","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-consumer-spending"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=33314"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33314\/revisions"}],"predecessor-version":[{"id":33316,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33314\/revisions\/33316"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33315"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}