U.S personal income increased $67.3 billion (0.4 percent) in February

Market news

29 March 2018

U.S personal income increased $67.3 billion (0.4 percent) in February

Personal income increased $67.3 billion (0.4 percent) in February according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $53.9 billion (0.4 percent) and personal consumption expenditures (PCE) increased $27.7 billion (0.2 percent).

Real DPI increased 0.2 percent in February and Real PCE increased less than 0.1 percent. The PCE price index increased 0.2 percent. Excluding food and energy, the PCE price index increased 0.2 percent.

The increase in personal income in February primarily reflected increases in wages and salaries and nonfarm proprietors' income.

U.S initial jobless claims lower than expected last week

Canadian GDP down 0.1% in January

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