U.S. Personal Income Rose 0.1% In June; U.S. Consumer Spending Fell 0.2%

(For June 2011)

U.S. personal income rose 0.1% in June vs. 0.2% consensus and 0.2% rise in May (revised down 0.1%). On y-o-y level personal income is up 5.0%.

U.S. consumer spending fell 0.2% in June vs. 0.1% consensus and 0.1% May reading (revised up 0.1%). On y-o-y level consumer spending is up 4.4%.

U.S. personal savings as a percentage of disposable income rose from 5.0% to 5.4.%.

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This entry was posted on Tuesday, August 2nd, 2011 at 7:22 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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