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 | 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 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 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...