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

October 01, 2020 08:57 ET (12:57 GMT)