Fed Beige Book Shows High-End Spending Defying Consumer Strain

The American consumer is still spending, but the Federal Reserve’s latest survey makes it increasingly difficult to speak of all consumers as though they were experiencing the same economy.

The Fed’s August Beige Book, based on information collected through Aug. 24, found that consumer spending grew slightly overall.

The national result, however, joined two conditions […] The post Fed Beige Book Shows High-End Spending Defying Consumer Strain appeared first on PYMNTS.com.