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US Consumer Spending Still Strong, But Could be Peaking, Moody’s Contends

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Consumer spending in the U.S. is expected to remain strong during the holiday season thanks to positive employment conditions and a recent acceleration in wage growth, Moody’s Investors Service said in a new report out Monday. However, as interest rates rise and other costs increase, Moody’s expects consumption to grow at a slower pace in…

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