SPENDING, INCOME, AND PRICES ROSE IN MARCH

Key Points:

  • U.S. consumer spending rose by 1.1%, or $185.0 Billion, in March.
  • Personal income increased by 0.5%, or $107.2 Billion, in March.
  • The overall personal consumption expenditures price index rose 0.9% in March and is up 6.6% from a year prior.
  • The core personal consumption expenditures price index, which excludes food and energy, rose 0.3% in March and is up 5.2% from the previous year.
  • The Right Facts will continue to monitor spending and income.
Source