Home›Forex›Major Pairs›US personal income and spending rise in June data

US personal income and spending rise in June data

Reported · Written up by our desk · Major Pairs

Personal income increased 0.2% month over month in June, according to Action Forex, slowing from 0.7% the prior month.

After accounting for inflation, taxes, and transfers, real disposable personal income rose 0.3% month over month, matching the pace from the previous month.

Action Forex also said consumer spending increased 0.3% month over month in nominal terms, with a slightly stronger gain in real terms.

More like this

Sources