Statement from U.S. Commerce Department Acting Deputy Secretary Rebecca Blank on Personal Income and Outlays in December 2010

The following press release was published by the U.S. Department of Commerce on Jan. 31, 2011. It is reproduced in full below.

The U.S. Commerce Department’s Bureau of Economic Analysis today released data on personal income and outlays for December 2010. Personal income and real personal consumption expenditures rose 0.4 percent in December, consistent with private-sector expectations. In November, personal income rose a similar 0.4 percent.

Source: U.S. Department of Commerce