Consumer spending rose 0.6% in September, as the Delta variant and supply-chain disruptions weighed on households
Growth in household spending slowed in September as a combination of high Covid-19 cases, product shortages and rising prices held consumers back.
Consumer spending rose 0.6% in September over the previous month, down from a 1% increase in August, the Commerce Department said Friday. Personal incomes fell 1% last month as the end of enhanced federal unemployment benefits offset an increase in wages, the department said.
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