Consumer Income and Spending Virtually Flat in June
Washington, DC, August 1, 2017--Personal income decreased $3.5 billion (less than -0.1%) in June according to estimates released by the Bureau of Economic Analysis.
Disposable personal income (DPI) decreased $4.2 billion (less than -0.1%) and personal consumption expenditures (PCE) increased $8.1 billion (0.1%).
Real DPI decreased 0.1% in June and Real PCE increased less than 0.1%. The PCE price
index increased less than 0.1%. Excluding food and energy, the PCE price index increased 0.1%.