Personal Incomes

U.S personal incomes rose by $116.6 billion in December or 0.6% from November, according to the Bureau of Economic Analysis press release. The rise in personal income reflected increases in government social benefits, compensation, and personal dividend income. The personal consumption expenditures (PCE) declined by $27.9 billion or 0.2% from November.Real disposable … [Read more...] about U.S. Personal Incomes Gained 0.6% in December