Decline in Household Income Poses Hurdle for U.S. Recovery U.S. consumer spending rose 1% in August while incomes fell 2.7% in part because of a decline in government aid for unemployed workers.

THE COVID STORM The U.S. Economy Was Laden With Debt Before Covid. That’s Bad News for a Recovery. The country entered the new recession with record levels of consumer, business and government debt. Fourteen charts explain how we got there—and what it means for getting the economy going again.