American consumers have become more hesitant to spend, with year-over-year growth in real personal consumption expenditures falling a full percentage point from 3.1% at the end of last year to 2.1% at the end of June.
Consumers slow spending as delinquency rates rise
But household balance sheets remain in relatively good shape
CoStar Analytics
August 13, 2025 | 2:11 P.M.
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