Research >> Economics
Personal Income increased 0.2%, Spending increased 0.1%
Personal income increased $23.7 billion, or 0.2 percent, and disposable personal income (DPI) increased $23.7 billion, or 0.2 percent, in February, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $11.0 billion, or 0.1 percent. In January, personal income increased $72.7 billion, or 0.5 percent, DPI increased $57.2 billion, or 0.4 percent, and PCE increased $10.7 billion, or 0.1 percent, based on revised estimates.
Real DPI increased 0.3 percent in February, the same increase as in January. Real PCE increased 0.2 percent in February, in contrast to a decrease of less than 0.1 percent in January.
Posted: March 28, 2016 Monday 08:30 AM