economy
US Growth Slowed to 1.5% in Q2, but Private Demand Was Stronger Than the Headline
US GDP grew at a 1.5% annual rate in Q2 2026, but consumer spending and business investment suggest domestic private demand remained resilient.
Sarah Mitchell
U.S. Economy & Monetary Policy Specialist
- U.S. Economy
- Federal Reserve
- Inflation
- Employment
- Consumer Spending
Sarah Mitchell is an Economy and Monetary Policy Specialist at American Commerce Review, covering inflation, employment, interest rates, consumer spending, economic growth, and Federal Reserve policy.
Her reporting follows the major indicators shaping the American business environment, with particular attention to Federal Reserve decisions, Bureau of Labor Statistics data, GDP releases, Treasury markets, and changing financial conditions. Mitchell’s work aims to connect national economic statistics with their practical consequences for businesses, investors, and households.
Articles by Sarah Mitchell
economy
July PCE Shows Income Rising Faster Than Spending as Inflation Stays Uncomfortable
US personal income rose 0.4% in July and spending increased 0.2%, while PCE inflation was 3.7% year on year and the saving rate remained low at 3.0%.
economy
US Retail Sales Fell 0.6% in July, but the Annual Spending Picture Remains Firm
US retail and food-service sales fell 0.6% in July 2026 but were 5.0% higher than a year earlier, showing a consumer market that remains active but uneven.
economy
US Payrolls Fell in July as the Labor Market Lost More Momentum
US payroll employment fell by 23,000 in July 2026, unemployment held near 4.1%, and May and June job gains were revised sharply lower.
economy
US Job Openings Held at 7.4 Million in June as Hiring Stayed Subdued
US job openings were little changed at 7.4 million in June 2026, while hires held at 5.3 million and quits remained at 3.2 million.