U.S. Consumer Spending Grows, Despite a Slowdown in Income in September

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<p>Personal income grew 0.3% month-on-month (m/m) in September, a deceleration from August&#8217;s 0.4% and just below market expectations for 0.4% growth. Accounting for inflation and taxes, real personal disposable income fell -0.1% m/m, following a similar decline in the previous month. Personal consumption expenditures rose 0.7% m/m, accelerating from the 0.4% posted in August. September&#8217;s [&#8230;]</p>
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