Despite warning signs in the economy, Americans still spending

Breakdown

• Retail sales in the US rose 0.6% from July to August despite economic concerns. 48s
• Higher-income households are driving much of the increased spending. 1m 10s
• Back-to-school shopping boosted sales in electronics, sporting goods, and clothing. 1m 14s
• Consumers are making purchases in anticipation of future tariff-related price increases. 1m 24s
• Restaurant spending rose 0.7% in August, indicating continued discretionary spending. 2m 11s