EPISODE · Jul 19, 2026 · 8 MIN
How the World Cup Distorted US Consumer Spending Data
from The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy · host Fexingo
In this episode of The Macro Memo, Lucas and Luna dig into a surprising detail from the Fed's latest Beige Book: the World Cup gave bars and restaurants a significant boost, even as broader consumer spending showed warning signs. They explore how a single mega-event can temporarily distort economic data, masking underlying trends like rising credit card usage and a shift toward services over goods. Using specific data points including the 0.3 percent drop in wholesale prices and the latest CPI figures, the hosts discuss what happens when the economic party ends and the bill comes due. A nuanced look at the gap between headline numbers and ground-level reality. #WorldCup #ConsumerSpending #FederalReserve #BeigeBook #Inflation #CPI #WholesalePrices #Restaurants #Bars #ServicesSector #CreditCardDebt #EconomicData #MacroEconomics #FexingoBusiness #BusinessPodcast #Economics #USEconomy #Funflation Keep every episode free: buymeacoffee.com/fexingo
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How the World Cup Distorted US Consumer Spending Data
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