Businessweek Archives

Personal Income


Business Outlook: THE WEEK AHEAD

PERSONAL INCOME

Thursday, June 30, 8:30 a.m.

Personal income probably rose a solid 0.6% in May, on top of a 0.4% advance in April. Consumer spending likely rose a smaller 0.2% last month, as indicated by the 0.2% decline in retail sales. Outlays dropped 0.1% in April as consumers faced higher tax bills.


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