BEA Reports Higher Consumer Wages And Spending In April 2017

Personal income increased $58.4 billion (0.4 percent) in April, according to estimates released today by the Bureau of Economic Analysis (BEA). Disposable personal income (DPI) increased $56.5 billion (0.4 percent) and personal consumption expenditures (PCE) increased $53.2 billion (0.4 percent).

Full report.  

Editor's Insight: Spending at the vending machine and micro market has always been tied to disposable income. Consumers spend more when they are confident in the growing economy and have higher wages. This is good news for the continued growth of our industry.