personal income

Consumer Spending Rebounds With 2.4% Gain
The Economy

Consumer Spending Rebounds With 2.4% Gain

“Government checks did their work, as both income and spending increased dramatically in January."
By Matthew Heller | February 26, 2021
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U.S. Consumer Spending Rises 5.6% in June
The Economy

U.S. Consumer Spending Rises 5.6% in June

"The explosion of COVID-19 infections ... is casting doubt on the magnitude of the expected surge in third-quarter consumer spending."
By Matthew Heller | July 31, 2020
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U.S. Consumer Spending Plunges Record 7.5%
The Economy

U.S. Consumer Spending Plunges Record 7.5%

The March decline in spending "is the tip of the iceberg. The worst is yet to come with the April data.”
By Matthew Heller | April 30, 2020
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Consumer Spending Rises Only 0.1% in August
The Economy

Consumer Spending Rises Only 0.1% in August

With income outpacing expenditures, consumers may have "a good amount of cushion to sustain spending if or as the economy slows."
By Matthew Heller | September 27, 2019
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Consumer Spending Drops 0.5% in December
The Economy

Consumer Spending Drops 0.5% in December

The biggest drop in spending since 2009 confirmed expectations that the economy will slow down further in the first three months of 2019.
By Matthew Heller | March 1, 2019
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Core Inflation Measure Jumps 0.3% in January
The Economy

Core Inflation Measure Jumps 0.3% in January

Inflation remains below the Fed's target "but there are indications it may be starting to pick up."
By Matthew Heller | March 1, 2018
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Consumer Spending Slows to 0.1% Increase
The Economy

Consumer Spending Slows to 0.1% Increase

Economists see the slowdown in February as only temporary and unlikely to deter the Fed from raising interest rates again in June.
By Matthew Heller | March 31, 2017
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Consumer Spending Up for 4th Straight Month
The Economy

Consumer Spending Up for 4th Straight Month

Another strong month for personal consumption boosts hopes that economic growth will rebound from the anemic second quarter.
By Matthew Heller | August 30, 2016
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Consumer Spending Keeps Up Solid Growth
The Economy

Consumer Spending Keeps Up Solid Growth

With a 0.4% gain in June, personal consumption has showed strong increases for three straight months and again outpaced personal income growth.
By Matthew Heller | August 3, 2016
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Consumer Spending Increases 0.5% in January
The Economy

Consumer Spending Increases 0.5% in January

The gain in personal spending is the largest since May and, along with other recent data, suggests the U.S. economy is holding steady in early 2016.
By Katie Kuehner-Hebert | February 26, 2016
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Consumer Spending up Only 1% in September
The Economy

Consumer Spending up Only 1% in September

With income, consumption, and inflation trending lower, the prospects for an interest-rate hike next month may be dimming.
By Katie Kuehner-Hebert | October 30, 2015
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April Data Show Modest Recovery From Q1 Slump
The Economy

April Data Show Modest Recovery From Q1 Slump

Personal income increased 0.4% in April but consumer spending and industrial production were soft.
By Katie Kuehner-Hebert | June 1, 2015
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