CD Media

U.S. Personal Income Unexpectedly Falls 0.1% In January

U.S. personal income fell unexpectedly in the month of January by 0.1%. The consensus estimate was for a rise of 0.3%.

The decrease was seen as a one-off reaction to the huge rise in December mainly caused by one-time dividend payments. With special items removed, wages saw steady gains of 0.3%.

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