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To: Justa Werkenstiff who wrote (14910)	6/30/2000 9:15:43 AM
From: Wally Mastroly	Read Replies (1) of 15132

Income, spending slow Report shows May personal income increased twice as fast as spending June 30, 2000: 8:40 a.m. ET NEW YORK (CNNfn) - Personal income and spending growth slowed in May, coming in close to analysts' expectations. The Commerce Department reported Friday that personal income rose 0.4 percent in the month, slightly more than forecast. A survey by Briefing.com forecast that personal income would show a 0.3 percent rise. Personal spending gained 0.2 percent, in line with the expectations. Both numbers are well off the gains posted in April, when income climbed 0.7 percent and spending increased 0.4 percent. - Some details: Personal spending rose 0.2 % in May, the same as a month earlier and the smallest gain in 1 1/2 years- bloomberg.com

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