Economy

US Consumers Remain Resilient in August as Spending Tops Estimates

Shoppers shrug off modest price pressures last month, according to new PCE data.
US Consumers Remain Resilient in August as Spending Tops Estimates
American Eagle Outfitters store at the Mall of America in Bloomington, Minn., on Aug. 29, 2025. Madalina Kilroy/The Epoch Times
Andrew Moran
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Consumers continued to support the U.S. economy as they opened their wallets in August, shrugging off modest increases in price pressures.

Personal consumption expenditures increased by 0.6 percent, surpassing the market consensus of 0.5 percent, according to a Bureau of Economic Analysis (BEA) report published on Sept. 26. This was up from the previous month’s 0.5 percent gain, signaling the continued resilience of U.S. consumers.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."