Personal Income and Outlays: July 2020

July 2020
0.4%
June 2020
-1.0%

Personal income increased 0.4 percent while consumer spending increased 1.9 percent in July, according to estimates released today by the Bureau of Economic Analysis.

  • Current release: August 28, 2020
  • Next release: October 1, 2020

What is Personal Income?

Income that people get from wages and salaries, Social Security and other government benefits, dividends and interest, business ownership, and other sources. These statistics can offer clues to Americans' financial health and future consumer spending.

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 What is Personal Income?

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