July Personal Income Edges Up

According to the United States Commerce Department’s Bureau of Economic Analysis (BEA), personal income increased 0.1% in July. Disposable personal income increased 0.2% for the same month, the bureau noted.

July personal consumption expenditures increased 0.1%, BEA stated. In June, personal income increased 0.3%, disposable increased 0.2%, and personal consumption expenditures increased 0.6%, the bureau noted, based on revised estimates.


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