Daily Archives: November 1, 2010

PERSONAL INCOME SLIPS, SPENDING RISES FOR SEPTEMBER

Disposable personal income (DPI) slipped last month while personal consumption expenditures (PCE) rose, the U.S. Bureau of Economic Analysis reports. The mixed profile for September isn’t surprising these days, although it does offer one more piece of statistical evidence for keeping optimism in check about the near-term prospects for economic growth.

Continue reading