Special Encore: Mid-Year U.S. Consumer Outlook - Spending, Savings and Travel

This podcast episode examines the shifting consumer spending patterns in the US, exploring the surge in goods spending during the COVID-19 pandemic and the subsequent rebound in services spending. It also analyzes the impact of tighter lending standards on consumer spending and discusses evolving spending trends and survey findings regarding discretionary spending. The episode concludes with an examination of the relationship between services wages and inflation.