FOREX TradingCharts.com

Financial News: U.S. Personal Income Rises 0.2% In February, Slightly

U.S. Personal Income Rises 0.2% In February, Slightly Less Than Expected

03/29/2019 - 09:01:00 (RTTNews)

(RTTNews) - Personal income in the U.S. increased by slightly less than anticipated in the month of February, according to a report released by the Commerce Department on Friday.

The report said personal income rose by 0.2 percent in February after edging down by 0.1 percent in January. Economists had expected personal income to climb by 0.3 percent.

Increases in wages and salaries, government social benefits, and proprietors' income were partially offset by a decrease in personal interest income.

Disposable personal income, or personal income less personal current taxes, also increased by 0.2 percent in February after falling by 0.2 percent in January.

Reflecting the continued impact of the recent government shutdown, the Commerce Department also released data on personal spending in January but not February.

Personal spending inched up by 0.1 percent in January after falling by 0.6 percent in December, while economists had expected spending to increase by 0.3 percent.

The report said real spending, which is adjusted to remove price changes, also crept up by 0.1 percent in January following a 0.6 percent slump in December.

With income slipping and spending rising, personal saving as a percentage of disposable income dipped to 7.5 percent in January from 7.7 percent in the previous month.

A reading on inflation said to be preferred by the Federal Reserve showed the annual rate of core consumer price growth slowed to 1.8 percent in January from 2.0 percent in December.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. New Home Sales Unexpectedly Jump To 16-Month High In March (06 hr(s), 20 min(s), 16 sec(s) ago)
(RTTNews) - New home sales in the U.S. unexpectedly jumped to their highest level in well over a y ...Full Story»

UK Household Finance Index Rises In April (08 hr(s), 04 min(s), 16 sec(s) ago)
(RTTNews) - UK households' assessment of their financial well-being rose at the fastest rate i ...Full Story»

Eurozone Govt. Deficit Narrows In 2018 (10 hr(s), 41 min(s), 16 sec(s) ago)
(RTTNews) - The euro area government deficit narrowed at the end of 2018 as revenue increased amid ...Full Story»

Taiwan Industrial Production Falls More Than Expected (10 hr(s), 54 min(s), 16 sec(s) ago)
(RTTNews) - Taiwan's industrial production declined for the fourth month to the weakest in Mar ...Full Story»

Denmark Consumer Confidence Weakens In April (13 hr(s), 07 min(s), 16 sec(s) ago)
(RTTNews) - Denmark's consumer confidence weakened in April, survey data from Statistics Denma ...Full Story»

Singapore Inflation Rises Slightly In March (13 hr(s), 10 min(s), 16 sec(s) ago)
(RTTNews) - Singapore's inflation rose marginally in March, data from the Monetary Authority o ...Full Story»

Dutch Consumer Confidence Decline Slows In April (13 hr(s), 17 min(s), 16 sec(s) ago)
(RTTNews) - Netherlands' consumer confidence declined at a slower pace in April, data from the ...Full Story»

New Zealand Credit Card Spending Data Due On Tuesday (21 min(s), 44 sec(s) ago)
(RTTNews) - New Zealand will on Tuesday release March numbers for credit card spending, highlighti ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. New Home Sales Unexpectedly Jump To 16-Month High In March

04/23/2019 - 10:18 AM (RTTNews)
(RTTNews) - New home sales in the U.S. unexpectedly jumped to their highest level in well over a y ...Full Story>>

UK Household Finance Index Rises In April

04/23/2019 - 08:34 AM (RTTNews)
(RTTNews) - UK households' assessment of their financial well-being rose at the fastest rate i ...Full Story>>

Eurozone Govt. Deficit Narrows In 2018

04/23/2019 - 05:57 AM (RTTNews)
(RTTNews) - The euro area government deficit narrowed at the end of 2018 as revenue increased amid ...Full Story>>

Taiwan Industrial Production Falls More Than Expected

04/23/2019 - 05:44 AM (RTTNews)
(RTTNews) - Taiwan's industrial production declined for the fourth month to the weakest in Mar ...Full Story>>

Denmark Consumer Confidence Weakens In April

04/23/2019 - 03:31 AM (RTTNews)
(RTTNews) - Denmark's consumer confidence weakened in April, survey data from Statistics Denma ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.