Rebound In Consumer Spending Fades In July
Consumer spending rose 1.9% last month — but the rebound slowed from May and June. Unemployment benefits continued to prop up spending in July, but that may change in August.
Health officials are urging college students returning to the Triad to self-quarantine for 14 days. Many are coming back due to pandemic-related school closures across the country.
The coronavirus pandemic continues to take a toll on area colleges and universities. North Carolina A&T could see a $14 million revenue shortfall this autumn.