FOREX TradingCharts.com

Financial News: U.S. Personal Income Slumps Much More Than Expected

U.S. Personal Income Slumps Much More Than Expected In November

12/23/2020 - 08:43:00 (RTTNews)

(RTTNews) - The Commerce Department released a report on Wednesday showing a steep drop in U.S. personal income in the month of November.

The report said personal income slumped by 1.1 percent in November after falling by a revised 0.6 percent in October.

Economists had expected personal income to dip by 0.3 percent compared to the 0.7 percent drop originally reported for the previous month.

The Commerce Department said personal spending also fell by 0.4 percent in November after rising by 0.3 percent in October.

Personal spending was expected to edge down by 0.2 percent compared to the 0.5 percent increase originally reported for the previous month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Existing Home Sales Unexpectedly Climb 0.7% In December (31 min(s), 19 sec(s) ago)
(RTTNews) - Existing home sales in the U.S. unexpectedly rebounded in the month of December, accor ...Full Story»

UK Budget Deficit Surges On Covid-19 Support Schemes (02 hr(s), 59 min(s), 19 sec(s) ago)
(RTTNews) - The UK budget deficit surged to the third highest level on record in December as the g ...Full Story»

Italy Construction Output Grows In November (03 hr(s), 32 min(s), 19 sec(s) ago)
(RTTNews) - Italy's construction output rose for the first time in three months in November, d ...Full Story»

Eurozone Private Sector Activity Decline Deepens In January (03 hr(s), 56 min(s), 19 sec(s) ago)
(RTTNews) - Amid the ongoing Covid-19 pandemic, euro area private sector activity contracted at an ...Full Story»

Taiwan Jobless Rate Falls In December (04 hr(s), 12 min(s), 19 sec(s) ago)
(RTTNews) - Taiwan's jobless rate fell marginally in December, figures from the Directorate Ge ...Full Story»

Ireland Wholesale Prices Fall Further (04 hr(s), 13 min(s), 19 sec(s) ago)
(RTTNews) - Ireland's wholesale prices declined further in December, data from the Central Sta ...Full Story»

Latvia Producer Prices Decline Slows In December (04 hr(s), 19 min(s), 19 sec(s) ago)
(RTTNews) - Latvia's producer prices declined December, albeit at a softer pace, figures from ...Full Story»

Poland Producer Prices Steady In December (04 hr(s), 21 min(s), 19 sec(s) ago)
(RTTNews) - Poland's producer prices remained stable in December, data from Statistics Poland ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Existing Home Sales Unexpectedly Climb 0.7% In December

01/22/2021 - 10:27 AM (RTTNews)
(RTTNews) - Existing home sales in the U.S. unexpectedly rebounded in the month of December, accor ...Full Story>>

UK Budget Deficit Surges On Covid-19 Support Schemes

01/22/2021 - 07:59 AM (RTTNews)
(RTTNews) - The UK budget deficit surged to the third highest level on record in December as the g ...Full Story>>

Italy Construction Output Grows In November

01/22/2021 - 07:26 AM (RTTNews)
(RTTNews) - Italy's construction output rose for the first time in three months in November, d ...Full Story>>

Eurozone Private Sector Activity Decline Deepens In January

01/22/2021 - 07:02 AM (RTTNews)
(RTTNews) - Amid the ongoing Covid-19 pandemic, euro area private sector activity contracted at an ...Full Story>>

Taiwan Jobless Rate Falls In December

01/22/2021 - 06:46 AM (RTTNews)
(RTTNews) - Taiwan's jobless rate fell marginally in December, figures from the Directorate Ge ...Full Story>>

Do not sell my personal information

Copyright © 2021. 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.