U.S. personal income and spending data for July 2026 confirm an economy in which shadows and bright spots are not taking turns—they are coexisting. Real wage growth has weakened, income from assets has lost purchasing power and households have drawn heavily on savings. At the same time, transfer receipts and lower personal taxes are supporting disposable income, while … [Read more...] about U.S. Personal Income and Spending, July 2026: Shadows and Bright Spots Coexist
Disposable Income
US Personal Income June 2026: Consumption Holds Up as Savings Collapse
Some light and many shadows at the 2026 half-year mark. The June 2026 US personal income report presents a divided household economy. Consumers are still spending, private-sector wages remain positive in real terms and lower current taxes are helping disposable income. However, overall real income growth is weak, income from assets remains under pressure and personal saving … [Read more...] about US Personal Income June 2026: Consumption Holds Up as Savings Collapse