U.S. consumer activity further moderated in August | Visa

U.S. consumer activity further moderated in August

Overall consumer spending remains well below its pre-recession peak, and the labor market continues its slow recovery.

Bar chart showing U.S. monthly employment growth. See Image description for more details.

Sources: Visa Business and Economic Insights and U.S. Department of Labor.

Bar chart showing U.S. monthly employment growth, ranging from 136,000 in July 2018 to a low of -20,787,000 in April of this year and back up to 1,371,000 in August 2020.