Personal income may have succumbed to an anemic equilibrium in March following months of fluctuations, with forecasters anticipating a slight uptick in Monday’s official report […]
Author: paulmccaffrey
Job growth helps spur personal income, consumer spending resurgence
Personal income rebounded in February after a dismal January, rising faster than expected despite tax hikes and looming federal budget cuts. Buoyed by strong employment […]
Portsmouth Naval Shipyard prepares for sequester-related furloughs
The workers at the Portsmouth Naval Shipyard in Kittery, Maine, will soon be furloughed one day a week for the next six months as the […]
Personal income posts biggest plunge in 20 years
Personal income plummeted by the largest margin in 20 years in January, but the decline constitutes a temporary adjustment rather than a long-term trend. The […]