Statement from Commerce Under Secretary Rebecca Blank on Personal Income and Outlays in September 2010
Personal income decreased 0.1 percent and real consumer spending increased 0.1 percent in September, according to data released today by the U.S. Commerce Department’s Bureau of Economic Analysis. Real consumer spending in the third quarter was 2.6 percent higher, at an annual rate, than the second-quarter average. Real disposable personal income decreased 0.3 percent in September.