Data from the credit card firm Barclaycard
Consumer spending +2.9% y/y in August
- In July was +3.5% y/y
- The growth in spending last month was also weaker than the average increase of 3.8 percent so far in 2017
Barclaycard said 54 percent of consumers who took part in a survey it commissioned felt confident in their household finances, down from a recent high of 69 percent in June
via Reuters
