U.S. Personal Income & Consumer Spending Unchanged In June

U.S. personal income was reported unchanged in June vs. 0.2% consensus and revised 0.3% May reading. On YoY level the personal income is up 2.6%.

U.S. consumer spending also remained unchanged in June vs. 0.1% consensus and 0.1% prior reading. On YoY level the consumer spending is up 4.6%.

U.S. personal savings as a percentage of disposable income rose 0.1% to 6.4%.

Chart 1. Personal Income

Source: BEA

Chart 2. Consumer Spending

Source: BEA

Chart 3. U.S. Personal Savings – Percentage Of Disposable Income

Source: Bloomberg

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This entry was posted on Tuesday, August 3rd, 2010 at 7:44 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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