(Bureau of Economic Analysis) US personal incomes rose by 0.1% to $26.1 billion in June from May as employees saw an uptick in compensation.
Disposable personal income shed less than 0.1% to $2.6 billion as personal consumption expenditures rose by 1.0% to $155.4 billion.
Real DPI shed 0.5% while real PCE rose by an equivalent percentage, with the PCE price index surging higher by 0.5%.
From a year ago, the PCE price index rose 4.0% as both goods and services saw a cost uptick.
Personal outlays rose by $158.7 billion, while personal savings was $1.70 trillion, with the personal savings rate at 9.4% in June.
SPY is down -0.35%, DXY is up +0.16%.
