Personal Income Growth Held Firm

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Personal income rose slightly by 0.2% on a month-over-month basis after a 0.5% increase in January, according to the most recent data release from Bureau of Economic Analysis. Personal income increased $23.7 billion, which was mostly driven by the rise in interest income ($7.4 billion), rental income ($6.7 billion), and personal transfers ($14.1 billion). Disposable personal income – income remaining… Read More ›

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