US consumers expect spending to rebound strongly in one year, NY Fed survey finds

US consumers expect spending to rebound strongly in one year, NY Fed survey finds

Business Destiny USA mall reopens as the coronavirus disease (COVID-19) restrictions are eased in Syracuse, New York, on Jul 10, 2020. (Photo: REUTERS/Maranie Staab) 26 Jan 2021 12:20AM (Updated: 26 Jan 2021 12:57AM) NEW YORK: Household spending rose modestly over the last four months, but consumers’ expectations for how much more they’ll be able to spend a year…