WASHINGTON - The March Personal Income report contains numbers that already were incorporated into the Q1 GDP data, and thus is "old news" that should be discounted. But it shows a pattern of continuing consumption in the face of fluctuating wages that suggests households will continue to boost the economy ahead.

March Personal Income advanced +0.2% and Personal Consumption Expenditures +0.2% after February had the biggest gain since September (+1.1%).

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