U.S. Core PCE Inflation Stays at 2.9% as Consumer Spending Accelerates in August

The U.S. economy showed renewed strength in August 2025, with both income and spending on the rise. According to the Bureau of Economic Analysis (BEA), personal income grew by $95.7 billion (0.4%), while disposable personal income (DPI)—income after taxes—rose by $86.1 billion (0.4%).