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30 Aug 2010 10:04

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Biz: Consumer spending up, personal incomes less so, savings down

  • 0.4% the increase in consumer spending last month
  • 0.2% the increase in personal incomes last month
  • 0.3% the decrease in savings rate last month source
Posted by Ernie Smith • 0 Comments • Permalink

04 Aug 2009 10:28

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Biz, U.S.: Spending up, incomes down: The economy had a mixed June

  • +0.4% the increase in consumer spending in June, which was better than expected and topped May
  • -1.3% the drop in personal income in June, which was way bigger than expected – the largest since 2005 source
Posted by Ernie Smith • 0 Comments • Permalink

09 May 2009 21:20

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Biz, U.S.: The recession reminded people to actually save money

  • -2.7% the savings rate in 2005 – in other words, people were spending more than they earned.
  • 4% the savings rate in the last year – in other words, the recession scared people $^(*less. source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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