By Josh Mitchell
U.S. consumer spending rose 1.0% in August while incomes fell, presenting a new hurdle for the economic recovery.
Personal income fell 2.7% in August from a month earlier, the Commerce Department said Thursday. Income fell in part because of a decline in government aid for unemployed workers.
Write to Josh Mitchell at joshua.mitchell@wsj.com
(END) Dow Jones Newswires
10-01-20 0857ET