[unable to retrieve full-text content]June personal income and spending show pandemic cushion approaching depletion How well personal income and spending held up throughout the pandemic is one of the best things about the government response. For June, nominal personal income increased 0.1%. After inflation, however, it decreased -0.4%. Nominal personal spending increased 1.0%. After inflation, it still increased 0.5%. […] The post June personal income and spending show pandemic cushion approaching depletion appeared first on Angry Bear.
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June personal income and spending show pandemic cushion approaching depletion How well personal income and spending held up throughout the pandemic is one of the best things about the government response. For June, nominal personal income increased 0.1%. After inflation, however, it decreased -0.4%. Nominal personal spending increased 1.0%. After inflation, it still increased 0.5%. […]
The post June personal income and spending show pandemic cushion approaching depletion appeared first on Angry Bear.