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monetary policyReuters
•82% Informative
Consumer spending rose 0.5% last month after advancing by an unrevised 0.3% in June .
This implies that consumer spending maintained most of the momentum from the second quarter .
Consumer spending accounts for more than two-thirds of U.S. economic activity.
In the 12 months through July , the PCE price index increased 2.5% , matching June 's gain.
VR Score
94
Informative language
99
Neutral language
79
Article tone
formal
Language
English
Language complexity
48
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
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