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FX.co ★ Personal Income in the United States Sees Slight Slowdown in February 2024

Personal Income in the United States Sees Slight Slowdown in February 2024

According to the most recent data updated on March 29, 2024, personal income in the United States experienced a slight slowdown in February 2024 compared to the previous month. The current indicator has stopped and reached 0.3%, down from the previous month's 1% increase in January 2024.

The comparison, which is month-over-month, shows a decrease in the growth rate. While personal income continues to rise, the pace has slowed down in February. This data suggests a potential adjustment in the income trends for individuals in the United States as the year progresses. Analysts will be keeping a close eye on how this trend develops in the coming months and its impact on the overall economic landscape.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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