The consumer spending is expected to rapidly decrease in the near future.

Consumer spending rose 4% in the July to September period, fueling a blowout quarter for economic growth, according to government data.

— unusual_whales (@unusual_whales) October 31, 2023

See also The pullback on spending outside of necessities is unlike anything they have ever seen.

See also Consumer Spending Boosted By Wealthy Americans 7/9/26

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