Personal Income and Outlays, February 2025 | U.S. Bureau of Economic Analysis (BEA)

Rising Incomes and Spending Show Economy Remains Resilient Despite Gloomy Confidence

U.S. personal income and consumer spending both rose in February, suggesting that the economy remains resilient despite surveys showing gloomy consumer confidence. The post Rising Incomes and Spending Show Economy Remains Resilient Despite Gloomy Confidence appeared first on Breitbart.

Compared with the previous month, income increased by 0.8 percent in February, while consumption expenditure increased by 0.4 percent.

Personal Income and Outlays, February 2025 | U.S. Bureau of Economic Analysis (BEA)

Personal income increased $194.7 billion (0.8 percent at a monthly rate) in February, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)-personal income less personal current taxes-increased $191.6 billion (0.9 percent) and personal consumption expenditures (PCE) increased $87.8 billion (0.4 percent). Personal outlays-the sum of PCE, personal interest payments, and personal current tra…