US consumer spending will soften well into 2023

Consumption, a key engine of US growth, will weaken as higher inflation and rates weigh on disposable incomes and demand

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In this article

  • Inflation
  • Energy
  • Consumer spending
  • Housing
  • Wages and jobs
  • Financial stress
  • Savings
  • Consumer debt
  • Student loans
  • Politics

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.