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US: Spending Remains Steady, PCE Deflator Trends Lower in March
Personal income grew 0.3% month-on-month (m/m) in March, equal to February’s growth and above market expectations for a more modest 0.2% m/m gain. Compensation of employees (+0.3% m/m) accounted for most of the growth, in addition to upticks in dividend and rental income. Subtracting inflation and taxes, real personal disposable income rose 0.3% m/m in […] The post US: Spending Remains Steady, PCE Deflator Trends Lower in March appeared first on Action Forex...
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Posted: Apr 28 2023, 14:13
Author Name: actionforex
Views: 081997