Washington, DC–(ENEWSPF)–August 2, 2011. The U.S. Commerce Department’s Bureau of Economic Analysis today released personal income and outlays data for June 2011. Personal income rose 0.1 percent in June, consistent with private-sector forecasts. Wages and salaries, the largest component of income, remained unchanged despite a decline in June hourly earnings. Real consumer spending was also unchanged, in line with private-sector expectations.
“Today’s personal income data shows that consumers had a little more money in their pockets in…
