Personal Income up 0.4%, Spending Increases 0.2% in May

[mEDITate-OR:

think that you are richer than you are..

---------

The following graph shows real Personal Consumption Expenditures (PCE) through May (2005 dollars). Note that the y-axis doesn't start at zero to better show the change.

--------

This graph shows real personal income less transfer payments since 1969.

-------

This graph shows the saving rate starting in 1959 (using a three month trailing average for smoothing) through the May Personal Income report. The saving rate increased to 4.0% in April (increased to 3.7% using a three month average).

=============

Remember to go to CR's web site for larger graphs

==========

Personal Income up 0.4%

Spending Increases 0.2% in May

============