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Consumer sentiment takes a tumble

Consumer spending fell in early August, according to preliminary results from the University of Michigan’s survey. July retail sales were down, and the average price of…

0:00 26:01

Episode Summary

Consumer spending fell in early August, according to preliminary results from the University of Michigan’s survey. July retail sales were down, and the average price of gas is nearing a record high for August. In today’s episode, we look at how consumers could be cutting discretionary spending as a result. Also, we’ll look at why…

Published August 17, 2026 · 26:01

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