With US markets focusing on the growing geopolitical risks, it may have been easy to miss the BEA's release of July personal income and expenditures

Jay Soloff

Argonath Financial

With US markets focusing on the growing geopolitical risks, it may have been easy to miss the BEA's release of July personal income and expenditures. Keep in mind, with unemployment receding at an acceptable rate, income and spending levels have become perhaps a more important measure of economic activity. In July, personal income increased 0.2%, disposable personal income increased 0.1%, and personal consumption expenditures decreased 0.1%. On the surface, those numbers appear to be about mundane as they come. However, the report also marked the release of June revisions, where personal income and disposable income were revised up to 0.5% and personal consumption expenditures increased to 0.4%. In other words, the positive trend in both income and spending still appears to be in good shape. (VIEW LINK)


Jay Soloff
Jay Soloff
Research Analyst
Argonath Financial

I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...

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