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A photograph of a woman holding bills in varying monetary denominations fanned out in front of her face.

Report: July U.S. Consumer Expendable Income

Personal income increased $70.5 billion (0.4 percent) in July according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $39.9 billion (0.2 percent) and personal consumption expenditures (PCE) increased $267.6 billion (1.9 percent).

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A graph showing the quarterly Real GDP between Q3 2016 and Q2 2020

Second Quarter GDP Revised

Real gross domestic product (GDP) decreased at an annual rate of 31.7 percent in the second quarter of 2020, according to the “second” estimate released by the Bureau of Economic Analysis.

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