Author: Cailley LaPara

5 Things to Watch in the March Personal Income Report

The Commerce Department will release its personal income and outlays report on Friday, which includes economic temperature checks like consumer spending and inflation.  Analysts expect that consumer spending increased 0.6% in March, an uptick from the previous month, as demand remains high despite precipitous price increases. Increased consumer spending indicates […]

Economic recovery continues but shows signs of inflation struggles

Americans slowed their spending spree in February, a sign that consumers are beginning to react to the runup in inflation. Consumption rose by 0.2% in February, compared with a robust 2% uptick the previous month, the Commerce Department reported Thursday. Meanwhile, the Personal Consumption Expenditure index, the Federal Reserve’s preferred […]