Households likely boosted spending last month as incomes rose, forecasters say, another sign the U.S. economy continued recovering into the fall from the damage inflicted by the coronavirus pandemic.
Economists surveyed by The Wall Street Journal expect the Commerce Department to report Friday that personal-consumption expenditures—a measure of household spending on goods and services—rose 1% in September, the same increase as in the previous month. Household spending has been rising after a steep drop off earlier in the pandemic,...
Maybe spending is up, because prices are up..Everything much higher priced ..From food to freezers ..
Spending yet going into debt! I’m in retail and there is lots of frivolous spending by some while others are buying only needed merchandise like coats and sweaters. The rich verses the strapped.
They make a reserve for the future! Ask them!)
Good thing we had a strong Trump economy going into this pandemic.
are we singing in the rain next?
More good news please(((
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