Research >> Economics
Personal Income increased 0.3%, Spending increased 0.3%
Personal income increased $47.7 billion, or 0.3 percent, and disposable personal income (DPI) increased $42.3 billion, or 0.3 percent, in February, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $30.8 billion, or 0.3 percent. In January, personal income increased $41.3 billion, or 0.3 percent, DPI increased $40.3 billion, or 0.3 percent, and PCE increased $20.0 billion, or 0.2 percent, based on revised estimates.
Real DPI increased 0.3 percent in February, compared with an increase of 0.2 percent in January. Real PCE increased 0.2 percent in February, compared with an increase of 0.1 percent in January.
Posted: March 28, 2014 Friday 08:30 AM