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

You May Also Like

In Deposition, Rupert Murdoch Says Fox News Hosts Endorsed False 2020 Election Claims

Business Media & Marketing New details emerge in defamation case brought by…

Vows by many big U.S. companies to back out of Russia hold firm a year later

One year after Russia invaded Ukraine, many of the largest U.S. companies…

Federal agency raises ‘concern’ about AstraZeneca vaccine trial data

Results from AstraZeneca’s recent Covid-19 vaccine trial “may have included outdated information”…

How Southwest Airlines Melted Down

When Southwest Airlines Co. reassigns crews after flight disruptions, it typically relies…