U.S. Personal Income Rose 0.5%; U.S. Consumer Spending Rose 0.4%
(For October 2010)
U.S. personal income rose 0.5% in October vs. 0.4% consensus and unchanged in September. On y-o-y level the personal income is up 3.7%.
Chart 1. U.S. Personal Income
U.S. consumer spending rose 0.4% in October vs. 0.5% consensus and 0.2% September reading. On y-o-y level the consumer spending is up 3.6%.
Chart 2. U.S. Consumer Spending
U.S. personal savings as a percentage of disposable income rose 0.1% to 5.7%.
Chart 3. U.S. Personal Savings – Percentage Of Disposable Income
