U.S. Consumer Spending Rises Strongly; Outlook Uncertain as Fiscal Stimulus Fades

Reuters, Aug. 28, 2020–Lucia Mutikani
U.S. consumer spending increased more than expected in July, boosting expectations for a sharp rebound in economic growth in the third quarter, though momentum is likely to ebb as the COVID-19 pandemic lingers and money from the government runs out.
https://www.reuters.com/article/us-usa-economy-spending/u-s-consumer-spending-rises-strongly-outlook-uncertain-as-fiscal-stimulus-fades-idUSKBN25O1TQ