Personal Income Mom US
Event Date: Monday, October 29, 2018
Event Time: 12:30 CET
Updated Monday, October 29, 2018
The personal income has been increasing steadily by 0.3% a month in the US. Although we saw an increase in the trend as the income increased by 0.4% in June and July, this indicator fell back to its normal trend in August and it has remained there. Wages have been slow to increase in the US, but they have been picking up recently and it might show on the personal income report. Please follow us for live coverage of this event and the impact it might have on the currency by experienced market analysts.
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About Personal Income Mom US
This report is released by the Bureau of Economic Analysis and it represents the change in the total value of income received from all sources by consumers. It is released monthly, about 30 days after the month ends. Income is correlated with spending. The more disposable income consumers have, the more likely they are to increase spending.