US personal income grew 10.5% in Apr, spending dropped -13.6

<p>US personal income grew 10.5% mom, or USD 1.97T in April, versus expectation of -7.0% mom decline. Spending, on the other hand, dropped -13.6% mom, or USD 1.89T, worse than expectation of -12.6% mom. Headline PCE price index slowed to 0.5% yoy, down from 1.3% yoy. Core PCE price index also dropped to 1.0% yoy, [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/299216-us-personal-income-grew-10-5-in-apr-spending-dropped-13-6/">US personal income grew 10.5% in Apr, spending dropped -13.6</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>