PERSONAL SPENDING ACCELERATES
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Personal spending climbed 0.4% in July, up from a revised 0.3% in June and in-line with forecasts.
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Personal income also gained 0.4%, unchanged from June and in-line with forecasts.
Core personal income expenditures gained 1.5% in June, a tick ahead of estimates for 1.4%, and 0.1% month-over-month, down from the 0.2% rate in June.
Here's what it's looked like recently:
Econoday
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