BY REUTERS
WASHINGTON—U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of COVID-19 and a temporary expiration of government-funded benefits for millions of unemployed Americans.
The report from the Commerce Department on Friday also showed inflation steadily rising last month. Expectations that inflation would perk up this year…
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In this article:Commerce Department, consumer spending decreases, COVID-19, inflation, inflation creeping up, U.S. Commerce Department, U.S. consumer spending
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