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Personal Income: Q3 Outlook Fading?
August personal income rises a softish 0.1% (Consensus and Decision Economics: +0.2%), following on a July increase revised down to 0.1% from 0.3%. Personal consumption, meanwhile, met expectations in August, rising 0.5% (Consensus: +0.5%; Decision Economics: +0.4%), with July unrevised at +0.4%.
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