The long Labor Day weekend in the US is fast approaching and that means one thing at the world headquarters of The Capital Spectator: a 120-hour coffee break has commenced for all employees. The usual schedule resumes next week, on Tuesday, September 2, when the staff punches the digital time clock once again. Meanwhile, to working stiffs everywhere… Cheers!

Tomorrow’s update on US personal consumption spending for July is expected to show a rise of 0.3% vs. the previous month, based on The Capital Spectator’s median econometric point forecast. That’s a slight deceleration in growth vs. June’s 0.4% increase.
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