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U.S. Household Spending Rose 1.4% in September

U.S. Household Spending Rose 1.4% in September

U.S. households boosted spending by 1.4% in September, the fifth straight month of increases, as higher pay and remaining pandemic aid helped boost in

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U.S. households boosted spending by 1.4% in September, the fifth straight month of increases, as higher pay and remaining pandemic aid helped boost incomes.

The Commerce Department said personal-consumption expenditures—a measure of household spending on goods and services—rose in September. Consumers have increased spending since the summer, although the pace of gains slowed into early fall.

Personal…

This post first appeared on wsj.com

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