U.S. May Personal Income Rose 0.3%; U.S. Consumer Spending Remained Unchanged

(For May 2011)

U.S. personal income rose 0.3% in May vs. 0.4% consensus and revised (down 0.1%) 0.3% rise in April. On y-o-y level personal income is up 4.2%.

U.S. consumer spending was unchanged in May vs. 0.1% consensus and 0.4% april reading. On y-o-y level consumer spending is up 4.7%.

U.S. personal savings as a percentage of disposable income rose from 4.9% to 5.o.%.

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This entry was posted on Monday, June 27th, 2011 at 8:37 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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