Consumers Get More Income but Less Breathing Room (opens in new tab)
Higher incomes are offering households some relief, but rising prices continue to claim a substantial share of those gains. Fresh data released Thursday (June 25) by the Bureau of Economic Analysis showed that personal income, disposable personal income and consumer spending each rose 0.7% in May. Yet inflation, the data indicate, remained firm enough that […] The post appeared first on <a href="
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