New Apple's CEO John Ternus (L) meets with customers at the launch of new phones and other products. via Consumer spending snapped back in August after a brief lull, adding to mounting evidence of an acceleration in the U.S. economy despite a series of strains. Personal spending increased surged 0.9% last month, the government said, after barely any increase in July. Americans bought more new cars and increased spending at restaurants and clothing stores.
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