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Personal Income Up, Unemployment Claims Down

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Personal income increased by 0.4 percent in January 2018 and unemployment claims decreased to their lowest levels in more than 48 years in February according to data released yesterday by the Bureau of Economic Analysis (BEA) and the Department of Labor’s Bureau of Labor Statistics (BLS). Personal income increased by 0.4 percent for the second month straight and disposable personal income...

Personal Income Increased in October

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The Bureau of Economic Analysis (BEA) announced today that personal income increased by 0.4 percent in October 2017, marking the second month in a row that personal income increased by 0.4 percent. More from BEA : Real Disposable Personal Income Rises in October Personal income increased 0.4 percent in October, the same increase as in September. Wages and salaries, the largest component of...

Personal Income and Real Consumer Spending Increased in July

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Personal income increased 0.4% in July after showing no change in June. Wages and salaries, the largest component of personal income, increased 0.5 percent in July, the same increase as in June. Current-dollar disposable personal income (DPI), after-tax income, increased 0.3 percent in July after remaining unchanged in June. Real DPI, income adjusted for taxes and inflation, increased 0.2 percent...