Personal Income: Not Keeping Up
It’s called the Personal Income and Outlays report and it begins “Once upon a time….” “Personal income increased $28.6 billion (0.2 percent) in August according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $14.9 billion (0.1 percent) and personal consumption expenditures (PCE) increased $18.0 billion (0.1 percent). Real … Read More