Which U.S. President is the "Fear" President, and Which is the "Profligate" President?
Personal Income and Spending came in about in line with analysts' expectations, with Personal Income up 0.4% month-over-month and Personal Spending up 0.3% month-over-month.
Here's a look at the year-over-year growth pictures for Personal Income (top) and Personal Spending (bottom). The most recent measurement has Personal Income growth 4% year-over-year and Personal Spending growing 3% year-over-year.
Here's a look at the difference . . .
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