US Personal Income and Spending Show Signs of Slowdown in May 2025
TL;DR Summary
In May 2025, US personal income declined by 0.4%, with decreases in government benefits and farm income partly offset by higher wages, while personal consumption expenditures fell slightly, and the PCE price index saw modest increases.
- Personal Income and Outlays, May 2025 Bureau of Economic Analysis (BEA) (.gov)
- US Consumer Spending Drops for First Time Since Start of Year Bloomberg
- Americans reined in their spending last month Channel 3000
- US Personal Income Growth Slows In May Finimize
- US Personal Income Posts Surprise Drop TradingView
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
92%
438 → 36 words
Want the full story? Read the original article
Read on Bureau of Economic Analysis (BEA) (.gov)