Personal Income Rose in June to 0.4% Personal income rose in June 0.4 percent and revisions to previously reported data show incomes rising a bit more rapidly, additionally, the saving rate was found to be double previous estimates and inflation came in a touch below forecasts. This data paints a much brighter economic picture. Wages rose [...]
Trending: Strong Labor Market Demand, Elevated Small Business Confidence Happens every month around this time: “this week’s economic release calendar was barren compared to last week’s jam-packed schedule, however, the data released largely confirmed the trends of strong labor market demand, elevated small business confidence behind regulation rollbacks, and credit growth continuing its steady growth [...]
