Five Things to Watch in this Month’s Personal Income Report:

by Max Parrott | Apr 29, 2018 | Economy

The Bureau of Economic Analysis will release its personal income report Monday, following the release of a payroll report that showed little change from the previous month. The median economist estimate for personal income is an increase 0.38% for March, growing at...

Consumer spending continues at a subdued rate

by Max Parrott | Mar 30, 2018 | Economy

Personal income continued to increase at a steady pace in February, but the gain also showed the limits of Republican tax cuts for the consumer. Personal income stayed constant from January to February with a 0.4% increase. The savings rate increased 0.2%–less than...

Protected: Texas union membership rates spike, spurred by opposing methods

by Max Parrott | Mar 28, 2018 | Economy

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Personal income gets a tax cut bump

by Max Parrott | Mar 2, 2018 | Economy, Newest

Personal income rose in January to reflect the reduced tax rates of the Tax Cuts and Jobs Act, increasing the American savings rate for the first time in months. The 0.4 percent increase in January slightly exceeded an economist median estimate of 0.3 percent....