Personal Income and Outlays, July 2021

Personal income increased $225.9 billion, or 1.1 percent at a monthly rate, while consumer spending increased $42.2 billion, or 0.3 percent, in July. Compensation increased and new advance Child Tax Credit payments, authorized by the American Rescue Plan, began in July. Full Text

Published August 27, 2021 at 08:30PM
Read more at bea.gov

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