Monday, July 6, 2020
This post was originally published on CNN - Business News
Home Business Americans' paychecks are getting smaller, but their spending is soaring. Huh?

Americans’ paychecks are getting smaller, but their spending is soaring. Huh?

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This post was originally published on CNN - Business News
Consumer spending bounced back sharply in America last month. That’s the good news. But paychecks got smaller at the same time, complicating hopes for a quick economic rebound.

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