U.S. Consumer Spending Presses Ahead; Declining Income Poses Challenge

Reuters, July 31, 2020–Lucia Mutikani
U.S. consumer spending increased for a second straight month in June, setting up consumption for a rebound in the third quarter, though the recovery could be limited by a resurgence in COVID-19 cases and the end of expanded unemployment benefits.
https://www.reuters.com/article/us-usa-economy/u-s-consumer-spending-presses-ahead-declining-income-poses-challenge-idUSKCN24W1YW