Real disposable personal income and real personal consumption expenditures both increased in August, the U.S. Bureau of Economic Analysis reports.
Real disposable personal income increased 0.3% in August. This follows a 0.2% increase in a July and leaves real DPI up 1.6% from a year ago.
Real personal consumption expenditures increased 0.2% in August. In July, real PCE increased 0.1%. Real PCE are now up 2.0% from a year ago.