Personal income in the United States fell in January for the first time in more than three years, as dividends and interest payments fell, signaling moderate growth in consumer spending.
A report released by the US Commerce Department on Friday showed personal incomefell 0.1 percent in January, the first decline since November 2015, after a 1 percent increase in December. And it increased wages 0.3 percent in January after jumping 0.5 percent in December.
Economists polled by Reuters had expected personal income to rise 0.3 percent in January.
BY SKYNEWS ARABIA| GOOGLE TRANSLATE
