In the month of April there was continual support in the consumer sector – Income continued to grow. Personal income was 0.4% gain  However, spending  was not as strong due to higher prices.

 

Prior Consensus Consensus Range Actual
Personal Income – M/M change 0.5 % 0.4 % 0.3 % to 0.5 % 0.4 %
Personal Income – Yr/Yr change 5.3 % 4.4 %
Consumer Spending – M/M change 0.6 % 0.4 % 0.1 % to 0.6 % 0.4 %
Consumer Spending – Yr/Yr change 4.6 % 4.8 %
Core PCE price index – M/M change 0.1 % 0.2 % 0.1 % to 0.4 % 0.2 %
Core PCE price index – Yr/Yr change 0.9 % 1.0 %

 

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