Personal Income, Spending Up in Oct

Newman, Emily
December 2004
Bond Buyer;12/2/2004, Vol. 350 Issue 32021, p2
Trade Publication
iThe article reports that personal income increased 0.6% last month, while personal consumption expenditures rose 0.7%, the Commerce Department reported yesterday. Personal income rose by $61.7 billion to slightly less than $9.76 trillion, after an unrevised 0.2% gain in September. Economists polled by IFR BondData America projected a 0.3% rise in personal income, and in the same poll predicted that spending would be up 0.8%.


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