Households spend more on gas, but also at hotels and restaurants Americans are spending lots of money and getting out and about. The economy is growing steadily even though high inflation is a hindrance. Consumer spending rose sharply in September, but it largely reflected households spending more on gas and transportation after an increase in energy costs.
Copyright ©2026 MarketWatch, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Economy grows at fastest pace in a year, GDP shows, and shows little sign of slowing ‘Fancy cars hold no appeal’: We have a 99% chance of outliving our life savings. Why not spend, spend, spend?
Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising. Caterpillar’s stock heads for worst day in 7 years — and what that means for the Dow Intraday Data provided by FACTSET and subject to terms of use.
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