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BEA News: Personal Income and Outlays, March 2023

BEA News: Personal Income and Outlays, March 2023

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Personal income increased $67.9 billion, or 0.3 percent at a monthly rate, while consumer spending increased $8.2 billion, or less than 0.1 percent, in March. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 5.1 percent in March, compared with 4.8 percent in February.

The full text of the release can be found at: www.bea.gov/news/2023/personal-income-and-outlays-march-2023

Donato Pompo

Donato Pompo, CTC CMR CSI CDT MBA, is the leading tile and stone forensic expert and consultant in North America, and he is a National Tile Contractors Association Recognized Consultant. Donato is the founder of CTaSC.