Personal Consumption Expenditures – Gas Prices Drive Inflation
papereconomy.substack.com
Today’s release of the Personal Income and Outlays Report showed that personal income increased by $89.3 billion in April (rising 0.4% from March) while disposable personal income increased $48.3 billion (rising 0.3%) and personal consumption expenditures increased $152.3 billion (rising 0.9%) over the same period.
Personal Consumption Expenditures – Gas Prices Drive Inflation
Personal Consumption Expenditures – Gas…
Personal Consumption Expenditures – Gas Prices Drive Inflation
Today’s release of the Personal Income and Outlays Report showed that personal income increased by $89.3 billion in April (rising 0.4% from March) while disposable personal income increased $48.3 billion (rising 0.3%) and personal consumption expenditures increased $152.3 billion (rising 0.9%) over the same period.