Tag Archive for ‘personal consumption expenditures’

Steady Growth in May Personal Income

Personal income climbed 0.4% in May, according to the most recent data release from the Bureau of Economic Analysis. Personal consumption expenditures inched up by 0.1% in May after strong gains in March and April. On a year-over-year comparison, personal consumption increased 4.2% in May. Disposable personal income, income remaining after deducting personal income taxes, grew by 0.6% after accounting… Read More ›

Personal Spending Rises in April

Personal consumption expenditures climbed 0.4% after gaining 0.3% in March, the fastest pace since December 2016, according to the most recent data release from the Bureau of Economic Analysis. Personal income was up by 0.4% in March after a 0.3% increase in February. The solid gain in personal income was largely driven by increases in wages and salaries that rose… Read More ›

Steady Increase in February Personal Income

Personal Income was up by 0.4% in February, a steady growth after a 0.5% increase in January, according to the most recent data release from the Bureau of Economic Analysis. Disposable personal income – income remaining after deducting personal income taxes – rose 0.2% following a 0.1% dip in January. Personal consumption expenditures edged up by 0.1% month-on-month in February…. Read More ›

Steady Growth in October Personal Income

According to the most recent data from the Bureau of Economic Analysis, personal Income rose by 0.6% in October to a seasonally adjusted annual rate of $16,260 billion. This is the largest growth within the past six months. Personal consumption expenditures edged up by 0.3%, following an upwardly revised 0.7% gain in September.  On a year-over-year comparison, personal consumption jumped… Read More ›

July Personal Consumption Expenditure Edges Up

Personal income increased by $71.7 billion in July, growing at a seasonally adjusted annual rate of 0.5%, according to the most recent data release from the Bureau of Economic Analysis.  Personal consumption expenditure rose by 0.3%, after a 0.6% increase in June. Disposable personal income – income remaining after deducting personal income taxes – continued its steady growth, and so… Read More ›

Personal Consumption Expenditure Expands

June personal consumption expenditure increased by 0.42% after climbing 0.36% in May and 1.00% in April, according to the most recent data release from the Bureau of Economic Analysis. Personal income rose by $29.3 billion in June, up by 0.2% over last month. Consumption expenditure in second quarter grew at a steady pace, rebounding from a weak first quarter. Meanwhile,… Read More ›

Slow Rise in Consumer Prices in July

The Bureau of Labor Statistics (BLS) reported consumer prices increased in July. The Consumer Price Index (CPI) rose at a seasonally adjusted annual rate of 1.6%, slower than 3.9% in June. Excluding the volatile food and energy components, the “core” CPI rose at a seasonally adjusted annual rate of 1.6% in July. Energy prices were stabilized and rose at a… Read More ›