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Home » Baking Blog » US personal income rose 0.4% in Oct, vs 0.3% increase expected

US personal income rose 0.4% in Oct, vs 0.3% increase expected

US personal income rose 0.4% in Oct, vs 0.3% increase expected

U.S. consumer spending slowed in October as the hurricane-related boost to motor vehicle purchases faded. Underlying price pressures pushed higher for a second straight month, suggesting a recent disinflationary trend has probably run its course. Personal income rose 0.4 percent last month after …
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