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Economics

Personal Income decreased 2.0% in March, Spending decreased 7.5%

The BEA released the Personal Income and Outlays report for March: Personal income decreased $382.1 billion (2.0 percent) in March according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) decreased $334.6 billion (2.0 percent) and personal consumption expenditures (PCE) decreased $1,127.3 billion (7.5 percent).Real…

Personal Income decreased 2.0% in March, Spending decreased 7.5%

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