(BEA) Personal incomes in the US increased by $35.5 billion or 0.2% in August, reflecting rising staff compensation and social benefits by the government.
Disposable personal income rose by 0.1%, or $18.9 billion. Read DPI fell by 0.3% in August.
Personal consumption expenditures ticked higher by 0.8%, or $130.5 billion. Real PCE ticked higher by 0.4% in August.
The PCE price index was up 0.4% in August and rose by 4.3% year over year. The price index gained 0.3% in August and 3.6% year over year, excluding food and energy.
Personal outlays were up by $132.6 billion in August. Personal savings was $1.71 trillion, with a personal saving rate of 9.4%.
SPY is up +0.44% on premarket, DXY is down -0.24%.
