Personal income in the U.S. increased in line with economist estimates in the month of February, according to a report released by the Commerce Department on Thursday.
The report showed personal income rose by 0.5 percent in February after inching up by a revised 0.1 percent in January.
Economists had expected personal income to climb by 0.5 percent compared to the unchanged reading originally reported for the previous month.
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.