U.S. Personal Income Rose 1.0%; U.S. Consumer Spending Rose 0.2%

(For January 2010)

U.S. personal income rose 1.0% in January vs. 0.4% consensus and 0.4% rise in December. On y-o-y level personal income is up 4.6%.

U.S. consumer spending rose 0.2% in January vs. 0.4% consensus and 0.5% December reading (revised from 0.7%). On y-o-y level consumer spending is up 4.0%.

U.S. personal savings as a percentage of disposable income rose 0.4% to 5.8%. December reading was revised to 5.4%

Very strong report.

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This entry was posted on Monday, February 28th, 2011 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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