The US personal income rose by 0.1% ($26.1 billion) in June, reflecting an increase in the compensation of employees.
- US real DPI reduced by 0.5% in June, and real PCE increased by 0.5% in June 2021. Goods were reduced by 0.2%, and services increased by 0.8%.
- The personal consumption expenditures index increased by 0.5% in June. But, the index rose slightly lower at 0.4%, excluding energy and food.
- The $155.4 billion increase in PCE in June reflected an increase of $29.3 billion in spending for goods and a $126.1 increase in spending for services.
Personal outlays increased by $158.7 billion in June. The PCE price index for June increased by 4.0 percent from 12 months, reflecting an increase in goods and services.
EURUSD slips -0.17%, DJI down -0.38%
Source: Bureau of Economic Analysis