Personal income climbed 0.4% in May, according to the most recent data release from the Bureau of Economic Analysis. Personal consumption expenditures inched up by 0.1% in May after strong gains in March and April. On a year-over-year comparison, personal consumption increased 4.2% in May. Disposable personal income, income remaining after deducting personal income taxes, grew by 0.6% after accounting… Read More ›

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