U.S. Personal Income & Consumer Spending Rose In August

(For August 2010)

U.S. personal income rose 0.5% in August vs. 0.3% consensus and 0.2% July reading. On y-o-y level the personal income is up 3.3%.

Chart 1. U.S. Personal Income

Source: BEA

U.S. consumer spending also rose 0.4% in August vs. 0.4% consensus and 0.4% July reading. On y-o-y level the consumer spending is up 2.7%.

Chart 2. U.S. Consumer Spending

Source: BEA

U.S. personal savings as a percentage of disposable income fell 0.1% to 5.8%.

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

Source: BEA

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This entry was posted on Friday, October 1st, 2010 at 7:45 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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