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How are consumers spending their money?

The U.S. Census Bureau will release June retail sales data this morning. We already know that consumer spending is strong right now due in part to a tight labor market and inflation. But how are consumers financing their current spending spree and what are they spending on, exactly? Click the audio player above to hear the […]

The U.S. Census Bureau will release June retail sales data this morning. We already know that consumer spending is strong right now due in part to a tight labor market and inflation. But how are consumers financing their current spending spree and what are they spending on, exactly?

Click the audio player above to hear the full story. 

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How are consumers spending their money?