Automobiles Curb U.S. Spending; Monthly Inflation Slowing

Reuters, Aug. 27, 2021–Lucia Mutikani
U.S. consumer spending slowed in July as a decline in motor vehicle purchases due to shortages offset a rise in outlays on services, supporting views that economic growth will moderate in the third quarter amid a resurgence in COVID-19 infections.
https://www.reuters.com/business/us-consumer-spending-slows-july-monthly-inflation-moderates-2021-08-27/