Connect with Us

August 2010

Statement from Commerce Under Secretary Rebecca Blank on Personal Income and Outlays in June 2010

Washington, D.C. – The U.S. Commerce Department's Bureau of Economic Analysis today released personal income and outlays for June 2010. Personal income remained unchanged in June, and real disposable income increased 0.2 percent.  Real personal consumption expenditures increased 0.1 percent in June and at a 1.6-percent annual rate in the second quarter.

Statement from Under Secretary Rebecca Blank on the Second Estimate of Gross Domestic Product in the Second Quarter 2010

The U.S. Commerce Department's Bureau of Economic Analysis today released the second estimate of gross domestic product (GDP) for the second quarter of 2010. Growth in real GDP was lowered to 1.6 percent at an annual rate from the advance estimate of 2.4 percent. Most private-sector analysts had expected a revision to 1.4 percent in the second quarter. The downward revision reflected a wider trade deficit and lower inventories than were originally reported.

Statement from Under Secretary Rebecca Blank on Personal Income and Outlays in July 2010

The U.S. Commerce Department’s Bureau of Economic Analysis today released personal income and outlays for July 2010. Personal income increased 0.2 percent in July, similar to private-sector expectations, while real disposable income decreased 0.1 percent. Real personal consumption expenditures increased 0.2 percent in July and at a 1.3-percent annual rate from their second-quarter average.

Subscribe

Subscribe to Economic Indicators

Subscribe with your email address to stay up-to-date with our economic indicators!

Go to top