U.S. | Income and saving increase in March, spending not so much
Published on Friday, April 29, 2016 | Updated on Friday, April 29, 2016
U.S. | Income and saving increase in March, spending not so much
Summary
Personal income increased 0.4% MoM and the saving rate hit 5.4%, the highest in 13 months. Consumer spending increased 0.1% MoM in March, the lowest in 14 months. Core PCE inflation dropped to 1.6% due to lower goods prices
Geographies
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- Global
Topics
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- Macroeconomic Analysis
Authors
Filip Blazheski
Kim Fraser