US consumer spending rose a moderate 1.4% in September

A passer-by walks past a store closing sign, right, in the window of a department store, Tuesday, Oct. 27, 2020, in Boston. Americans may feel whiplashed by a report Thursday, Oct. 29, on the economy's growth this summer, when an explosive rebound followed an epic collapse. The government will likely estimate that the economy grew faster on an annualized basis last quarter than in any such period since record-keeping began in 1947.(AP Photo/Steven Senne)

A shopper steps out of a department store, Tuesday, Oct. 27, 2020, in Boston. U.S. consumers increased their spending by 1,4% in September, a slightly better gain than expected but still well below the big increases seen in May and June, adding to concerns that Americans remain cautious with the viral pandemic resurging across the country and impeding the economy. (AP Photo/Steven Senne)