by Angela Palumbo | Apr 12, 2021 | Economy, Featured, Jobs, Personal Income
Angela Greene worked with a mobile cleaning crew at a sheltered workshop in South Carolina for 21 years. She worked Monday to Friday every week and made no more than $3.00 an hour. Her hard work never earned her the full federal minimum wage, all because she has an...
by Angela Palumbo | Mar 29, 2021 | Economy, Featured, Jobs, Personal Income
Personal income went back down in February, due to a decrease in government aid. Consumer spending also went down for the same reasons, as well as extreme weather conditions in Texas. Personal income fell 7.1 percent in February and consumer spending fell 1.0 percent,...
by Angela Palumbo | Feb 28, 2021 | Economy, Featured, Personal Income
Personal income had its biggest increase since April last month, the result of government aid in the form of stimulus checks going out to millions of Americans, continued unemployment benefits and other pandemic response programs. Personal income rose 10 percent in...
by Nikitha Sattiraju Rao | Apr 29, 2019 | Economy, Personal Income
The United States Bureau of Economic Analysis (BEA) will release its monthly data for March on consumer spending – the biggest part of the country’s economy – on Monday. The report will include both income and spending numbers for a month for the...
by Nikitha Sattiraju Rao | Mar 31, 2019 | Economy, Featured, Personal Income
Consumer spending barely increased in January while personal income made a modest recovery in February, indicating a continued slowdown of the economy in 2019. Consumer spending, which accounts for two-thirds of the country’s economic activity, rose by just 0.1...
by Nikitha Sattiraju Rao | Mar 9, 2019 | Economy, Featured, Personal Income
Consumer spending saw its biggest decline in nine years in December and personal income dipped for the first time in three years in January, signaling an economic slowdown going into 2019. Consumer spending dropped by 0.5 percent during the holiday season in December,...
