wsj.com.
Jobless Claims Tick Up, but Still Reflect Robust Labor Market
Economy
| U.S. Economy
U.S. Consumer Spending Soared 0.9% in May
Americans boosted spending in May at the fastest rate in almost six years
PERSONAL INCOME AND OUTLAYS, MAY 2015
Personal income increased $79.0 billion, or 0.5 percent, and disposable personal income (DPI) increased
$65.5 billion, or 0.5 percent, in May, according to the Bureau of Economic Analysis. Personal consumption
expenditures (PCE) increased $105.9 billion, or 0.9 percent. In April, personal income increased $69.6 billion,
or 0.5 percent, DPI increased $57.0 billion, or 0.4 percent, and PCE increased $8.5 billion, or 0.1 percent,
based on revised estimates.
Real DPI increased 0.2 percent in May, compared with an increase of 0.4 percent in April. Real PCE increased
0.6 percent, compared with an increase of less than 0.1 percent. |
