Joint Economic Committee Chairman Schweikert: Headline Personal Income Up Slightly in July, Spending and Savings Almost Flat, Q2 GDP Slows
August 27, 2026
August 27, 2026
WASHINGTON, Aug. 27 -- Rep. David Schweikert, R-Arizona, chairman of the Joint Economic Committee, issued the following news on Aug. 26, 2026:
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Headline Personal Income Up Slightly in July, Spending and Savings Almost Flat, Q2 GDP Slows
Today, the Joint Economic Committee released its Monthly Expenditures Update for July. From June to July, headline personal consumption expenditures (PCE) price index inflation was 0.16 percent, below the 0.40 percent f . . .
* * *
Headline Personal Income Up Slightly in July, Spending and Savings Almost Flat, Q2 GDP Slows
Today, the Joint Economic Committee released its Monthly Expenditures Update for July. From June to July, headline personal consumption expenditures (PCE) price index inflation was 0.16 percent, below the 0.40 percent f . . .