A slew of data released Friday portrayed an economy showing cracks, from weaker household spending to cooler consumer sentiment and higher inflation. Oil prices could aggravate all three.

Group 1 - Consumer spending was slow prior to the attack on Iran, indicating a potential weakness in economic growth [1] - Inflation remained stubborn, contributing to the challenges faced by consumers and the overall economy [1] - The attack on Iran led to a significant increase in oil prices, which could further impact consumer spending and inflation [1]