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,...
by Annie Nova | May 24, 2017 | Jobs, Personal Income
Since Donald Trump became the U.S. president, Daniel Levy – an immigration lawyer in Canada – has been flooded with emails from the talented foreign workers who hold H1-B visas. Many of them are from India, work at U.S. technology companies, and now regret their move...
by Teddy Grant | Apr 30, 2017 | Autos, Durable Goods, Economy, Jobs, Newest, Personal Income
For the first two months of 2017, personal income rose 0.4 percent in a sign that consumers are earning more. On Monday, The Bureau of Economic Analysis will release its Personal Income and Outlays report and many analysts are predicting an increase of 0.3 percent,...
by Annie Nova | Apr 13, 2017 | Consumer Price Index, Economy, Newest, Personal Income
The Labor Department on Friday releases its Consumer Price Index, a measure of what Americans pay for everything from shoes to rent. The Federal Reserve considers this measure of inflation along with the Labor Department’s monthly jobs report in its decision on...
by Teddy Grant | Apr 5, 2017 | Economy, Newest, Personal Income
Personal income increased in February, a few weeks after the Federal Reserve increased interest rates in a move indicating strength in the economy. The gain of 0.4 percent brought income to $57.7 billion this month, according to the Bureau of Economic Analysis. This...
