U.S. Consumer Spending Beats Expectations; Inflation Still Hot

Reuters, Oct. 1, 2021–Lucia Mutikani
U.S. consumer spending increased more than expected in August, but consumption was weaker than initially thought in the prior month, keeping intact expectations that economic growth slowed in the third quarter amid a resurgence in COVID-19 infections.
https://www.reuters.com/world/us/us-consumer-spending-beat-expectations-august-inflation-rises-2021-10-01/