USA, personal expenses +0.8% and income +0.3% in February

USA personal expenses 08 and income 03 in February

(Finance) – The incomes of American families are growing less than expected, while personal expenses have grown more than expected. According to the US Bureau of Economic Analysis (BEA), i personal consumption (PCE) they increased by 0.8% in February 2024 after +0.2% in the previous month and compared to the +0.5% expected by analysts. Real consumption recorded a +0.4%, after -0.2% in the previous month.
THE personal incomes recorded an increase of 0.3%, below the +1% recorded the previous month and compared to the +0.4% of the consensus.

The PCE price index corea measure of inflation, shows a positive change of 0.3% on the month (compared to the +0.3% expected and the +0.5% recorded the previous month) and 2.8% on the year (+2 .9% the previous month, +2.8% expected)

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