Personal income increased 0.2%, or $50.4 billion, in June, the Commerce Department said. The personal savings rate—a percentage of disposable personal income—was 3.4%. Meanwhile, personal consumption expenditures increased 0.3%, or $57.6 billion.
CDFI Fund revises guidance, adjusts early reapplication deadline
The CDFI Fund revised its FAQs for CDFI certification applications, revised guidance for its pre-approved target market assessment methodology and announced new early reapplication dates.