NPR Coronavirus Updates

Rebound In Consumer Spending Fades In July

By Scott Horsley
Published August 28, 2020 at 11:22 AM MDT
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Consumer spending rose 1.9% last month — but the rebound slowed from May and June. Unemployment benefits continued to prop up spending in July, but that may change in August.

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NPR Coronavirus Updates
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Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
See stories by Scott Horsley