Tag Archives: Income

January Income and Spending, Construction Spending, Feb. ISM MF

Government Programs Support Income. Heating Bills Support Spending. U.S. Personal Income increased by 0.3 percent in January, driven by special factors. After accounting for inflation and taxes, Real Disposable Personal Income also gained 0.3 percent. Real Personal Consumption Expenditures were … Continue reading

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November U.S. Employment, October Personal Income

One Step Closer to QE Taper, Last Hurdle Is a Budget Deal  The November Payroll Employment Survey showed a solid gain of 203,000 jobs. The November Household Survey of Employment recovered from its October swoon, adding 818,000 jobs. The Unemployment … Continue reading

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July U.S. Employment and June Income and Spending

Jobs Report Confounds in Both Directions, Payrolls Weaker, Unemployment Better  The July Payroll Employment Survey showed a weaker-than-expected gain of 162,000 jobs. The Unemployment Rate for July decreased to 7.4 percent, better than expected. Average Weekly Hours ticked down for … Continue reading

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May Income and Spending, June UI Claims, Q1 GDP Revision

Income Gains Plus Home Equity Accumulation Equals Steadier Consumer Spending  U.S. Personal Income increased by 0.5 percent in May, driven by interest and dividend income. After accounting for inflation and taxes, Real Disposable Personal Income gained 0.4 percent in May. … Continue reading

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April Income and Spending

Real Income Close to Stall Speed, Savings Rate Stays Low, Disinflation Continues U.S. Personal Income was unchanged nominally in April, but falling prices helped. The PCE Price Index decreased by 0.3 percent in April as gasoline prices eased. After accounting … Continue reading

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