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US Inflation Remains Elevated as Consumer Spending Continues

1 min read
Source: U.S. Bureau of Economic Analysis (BEA) (.gov)
TL;DR

In July 2025, U.S. personal income increased by 0.4%, driven mainly by higher wages and compensation, with personal consumption expenditures rising by 0.5%. Personal savings stood at $985.6 billion, and the PCE price index increased modestly by 0.2%. The BEA will release updated economic data later in September, including revised GDP figures.

Topics:businesseconomy#consumer-spending#economic-update#economy#july-2025#personal-income#personal-outlays
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  1. Personal Income and Outlays, July 2025  U.S. Bureau of Economic Analysis (BEA) (.gov)
  2. Core inflation rose to 2.9% in July, highest since February  CNBC
  3. Inflation is climbing. Trump might still get lower rates.  Politico
  4. PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates  The New York Times
  5. Americans kept spending last month despite elevated inflation  CNN

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Read on U.S. Bureau of Economic Analysis (BEA) (.gov)