Income, Spending Slightly Better in July
Today, the Bureau of Economic Analysis reported that income, disposable personal income and spending improved a bit in July, after all three declined slightly
Jul 31, 2020809.3K Shares12.8M Views
Today, the Bureau of Economic Analysis reportedthat income, disposable personal income and spending improved a bit in July, after all three declined slightly in June. This month, spending up edged up $44.1 billion, or 0.4 percent, as Americans saved less. At The Atlantic, Daniel Indiviglio makesa handy chart:
Essentially, though, all three numbers remain steady and poor, with improvements marginal since the beginning of the year. The recovery? You might have heard it has stalled out.
Paolo Reyna
Reviewer
Paolo Reyna is a writer and storyteller with a wide range of interests. He graduated from New York University with a Bachelor of Arts in Journalism and Media Studies.
Paolo enjoys writing about celebrity culture, gaming, visual arts, and events. He has a keen eye for trends in popular culture and an enthusiasm for exploring new ideas. Paolo's writing aims to inform and entertain while providing fresh perspectives on the topics that interest him most.
In his free time, he loves to travel, watch films, read books, and socialize with friends.
Latest Articles
Popular Articles