Core Insights - The American consumer continues to spend despite a negative sentiment and a slowing labor market, indicating resilience in consumer behavior [1] Group 1: Consumer Spending - Consumer spending remains robust, showing that individuals are willing to maintain their purchasing habits even in challenging economic conditions [1] - The article highlights that consumer expenditure is a critical driver of the U.S. economy, suggesting that this trend may support economic stability [1] Group 2: Labor Market - The labor market is experiencing a cooling trend, which typically signals potential economic slowdown; however, consumer spending has not yet reflected this change [1] - The juxtaposition of a sour mood among consumers and their continued spending raises questions about the sustainability of this behavior in the face of economic uncertainty [1]

Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding the picture for the Federal Reserve as it also grapples with a cooling labor market. ...

The Cleveland Fed president worries more about inflation than a cooling labor market. ...

Core Insights - Proactive provides fast, accessible, and informative business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, mining, oil and gas, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]