10 Articles
10 Articles
Consumer Spending Jumps in June, Helping Power US Economy
U.S. consumer spending picked up in June, offering fresh evidence that household demand remains resilient even as higher tariffs and policy uncertainty weigh on the outlook. The Commerce Department’s Bureau of Economic Analysis (BEA) reported on July 31 that personal consumption expenditures—a broad measure of household spending—rose by 0.3 percent in June, matching the increase in personal income. That was a rebound from May’s flat reading and …
Breaking: US core PCE inflation stays unchanged at 2.8% in June vs. 2.7% expected | The New York Ledger
Annual core PCE inflation remained unchanged at 2.8% in June. US Greenback Index stays in each day vary barely under 100.00. Annual inflation in the US (US), as measured by the change within the Private Consumption Expenditures (PCE) Worth Index, rose to 2.6% in June from 2.4% in Could (revised from 2.3%), the US Bureau of Financial Evaluation reported on Thursday. This studying got here in above the market expectation of two.5%. The core PCE Wo…
PCE Inflation Continues to Crawl Higher; Spending Slows
Inflation continues to make a slow crawl upward, with tariffs again being pointed to as a major cause for concern by economists, according to the latest data from the U.S. Bureau of Economic Analysis (BEA). The June Personal Income and Outlays report from the BEA saw personal consumption expenditures (PCE) increase by 0.3% from May.… The post Inflation Continues to Crawl Higher; Spending Slows appeared first on RISMedia.
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