The Housing Chronicles Blog: April personal spending rose double the growth rate in income, savings rate dipped

Thursday, May 31, 2018

April personal spending rose double the growth rate in income, savings rate dipped

In April, personal income rose 0.3 percent, disposable income rose 0.4 percent, and personal consumption expenditures (PCE) increased 0.6 percent, resulting in a decline in the savings rate from 3.0 to 2.8 percent.

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