With Second Stimulus Checks on Hold, Americans Spend Less at the Grocery Store - News Summed Up

With Second Stimulus Checks on Hold, Americans Spend Less at the Grocery Store


Grocery shoppers are cutting back on spending, data show, a sign that Americans are hurting for cash as the federal unemployment stimulus remains on hold for most recipients. The emerging shift in food spending comes after the $600 in weekly additional unemployment checks expired in July. It has also prompted grocery stores to bring back something customers haven’t seen much of during the pandemic: discounts. Lump-sum...


Source: Wall Street Journal August 27, 2020 11:06 UTC



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