Both real disposable personal income and real personal consumption expenditures saw little change in July, the U.S. Bureau of Economic Analysis reports.
Real disposable personal income increased 0.1% in July. This follows a 0.2% decrease in a June and leaves real DPI up 0.8% from a year ago.
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Real personal consumption expenditures were essentially unchanged in July. In June, real PCE increased 0.2%. Real PCE are now up 1.7% from a year ago.