Research >> Economics
Personal Income increased 0.2%, Spending increased 0.2%
Personal income increased $30.9 billion, or 0.2 percent, and disposable personal income (DPI) increased $20.7 billion, or 0.2 percent, in March, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $21.0 billion, or 0.2 percent. In February, personal income increased $151.2 billion, or 1.1 percent, DPI increased $134.0 billion, or 1.1 percent, and PCE increased $81.6 billion, or 0.7 percent, based on revised estimates.
Real disposable income increased 0.3 percent in March, compared with an increase of 0.7 percent in February. Real PCE increased 0.3 percent in March, the same as in February.
Posted: April 29, 2013 Monday 08:30 AM