Recent economic indicators suggest a slowdown in U.S. consumer demand during September. Data from credit card transactions and private sector spending reveal a decline compared to the previous months’ robust growth, according to BlockBeats. Economists attributed this deceleration to consumers gradually tightening their spending habits after experiencing an impressive 4.1% annualized growth in retail activity over the past three months. Bank of America economist Shruti Mishra highlighted a month-to-month deceleration in spending from June to August, indicating that the previously strong growth may not continue. Data from Second Measure also reflected a decline in consumer willingness to purchase non-essential items like furniture and electronics last month. Bank of America’s credit card data further supported this trend, highlighting a cooling demand.