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Personal Income & Spending Miss Estimates
Monday, November 1, 2010 - 8:35am | 72Personal income & spending were just released, and both numbers missed estimates, and futures are well off their highs as a result. Personal income for September fell 0.1%, when economists expected a rise of 0.2%. Personal spending rose 0.2%, and economists were expecting a rise of 0.4%. The...
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Personal Income Rises 0.5%, Consumer Spending Gains 0.2% In August
Friday, October 1, 2010 - 3:04pm | 84The Commerce Department announced on Friday a 0.5% rise in August personal income, while real consumer spending moved up 0.2%. Inflation remained low at 1.5%. Economists were expecting a 0.3% gain in income and a 0.4% rise in spending. The price index for personal consumption expenditure inched up...