U.S. | Consumers Made More and Spent More in August
Published on Monday, September 28, 2015 | Updated on Tuesday, September 29, 2015
U.S. | Consumers Made More and Spent More in August
Summary
Personal income increased 0.3% MoM, while consumer spending rose 0.4% MoM. The personal savings rate edged downward, but remains high at 4.6%. Inflation remained muted, with the core PCE price index at 1.3% YoY.
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Topics
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- Macroeconomic Analysis
Authors
Amanda Augustine