Research >> Economics
Personal Income increased 0.3%, Spending increased 0.4%
Personal income increased $52.5 billion, or 0.3 percent, and disposable personal income (DPI) increased $47.1 billion, or 0.4 percent, in August, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $54.9 billion, or 0.4 percent. In July, personal income increased $69.6 billion, or 0.5 percent, DPI increased $63.9 billion, or 0.5 percent, and PCE increased $45.7 billion, or 0.4 percent, based on revised estimates.
Real DPI increased 0.3 percent in August, compared with an increase of 0.4 percent in July. Real PCE increased 0.4 percent, compared with an increase of 0.3 percent.
Posted: September 28, 2015 Monday 08:30 AM