Their was a rise in the consumer sector from income growth in March.

Prior Consensus Consensus Range Actual
Personal Income – M/M change 0.3 % 0.4 % 0.2 % to 0.5 % 0.5 %
Consumer Spending – M/M change 0.7 % 0.5 % 0.1 % to 0.7 % 0.6 %
Core PCE price index – M/M change 0.2 % 0.1 % 0.1 % to 0.3 % 0.1 %

 

 

*Personal income is defined as the amount of money that one receives from all sources and Personal outlays are what is being done with the personal income; buying durable and non-durable goods and services. This report is considered to be a way to measure consumer strength in the economy and a way to determine where it may be heading.

Frequency
Monthly.

Source
Bureau of Economic Analysis, U.S. Department of Commerce.

Availability
Usually the last week of the month.

Coverage
Data are for the previous month. Data for June are released in July.

Revisions
Yes.

 

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