August 30, 2010
Disposable Incomes Inch Up
By Matthew L. Brown
Personal income and disposable personal income both increased 0.2 percent in July, according to the U.S. Bureau of Economic Analysis.
The personal income gain was about $30 billion. The gain in disposable income was about $17.6 billion.
Consumer spending increased 0.4 percent, or about $44 billion, after a $2.7 billion decrease in June.
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