U.S. Household Spending Rose 1.4% in September

Wall Street Journal, Oct. 30, 2020–Amara Omeokwe
U.S. households boosted spending for a fifth straight month, helping the economy dig further out from the deep hole created by the pandemic. The Commerce Department said personal-consumption expenditures—a measure of household spending on goods and services—rose 1.4% last month. Consumers have increased spending since the summer, although the pace of gains slowed into early fall.