Post Profile

U.S. consumer spending up just 0.1% despite income gain

Americans enjoyed a healthy increase in income last month but didn't spend much of the gain. The Commerce Department said Friday that personal income rose 0.4% in May, up from a 0.3 increase in April. But consumer spending rose just 0.1% last month after climbing 0.4% in both March and April. After-tax...
read more


Related Posts

Personal incomes rise more than expected

Business & Finance : Business Insider: Clusterstock

Consumer incomes rose faster than expected in October, according to the Department of Commerce. Personal income increased by 0.6% (0.4% forecast,) boosted by higher employee compensation and interest on investments. Spending gained ...

Consumer spending stalls as incomes post slowest growth since winter

Business & Finance : LA Times: Business

Consumer spending barely grew in August after a sharp rise the previous month as incomes rose by the smallest amount since winter, the Commerce Department said Friday. Analysts had expected Americans to slow their pace of spending f...

U.S. personal income rises in boost to consumer spending

Business & Finance : Business Insider: Clusterstock

WASHINGTON (Reuters) - U.S. personal income in November rose for an eighth straight month on solid wage gains, which should support consumer spending and bolster economic growth next year. The Commerce Department said on Wednesday i...

Rising incomes and confidence haven't accelerated consumer spending, which posts smallest gain in six months

Business & Finance : LA Times: Business

Rising incomes and confidence haven’t accelerated consumer spending, which posted its smallest gain in six months in February, the Commerce Department said Friday. Personal consumption expenditures increased just 0.1%, below economi...

Personal income rose more than spending in May; price index shows lower inflation

Industries / Construction : Housing Chronicles Blog

Personal income increased 0.4 percent in May, disposable personal income (DPI) increased 0.5 percent and personal consumption expenditures (PCE) rose 0.1 percent. The PCE price index decreased 0.1 percent from April but rose 1.4 per...


Copyright © 2016 Regator, LLC