Amid Mixed Signals, US Economy Lifted As Consumer Spending Rises
PYMNTS
NOVEMBER 25, 2020
While the number of U.S. COVID-19 cases is on the rise, consumer spending in advance of the holiday season is boosting the economy, The Wall Street Journal reported. The U.S. economic recovery has continued as Americans keep on spending on consumer goods. According to economists surveyed by the paper, consumer spending likely rose in October for the sixth straight month.
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