Sat, Aug 29, 2020 - 5:50 AM
US consumer spending increased more than expected in July, strengthening expectations for a sharp rebound in growth in the third quarter, though momentum is likely to ebb as the Covid-19 pandemic lingers and fiscal stimulus dries up.US CONSUMER spending increased more than expected in July, strengthening expectations for a sharp rebound in growth in the third quarter, though momentum is likely to ebb as the Covid-19 pandemic lingers and fiscal stimulus dries up.
Source: News Formal (newsformal.com)
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