Personal income surged in January as Americans received $600 stimulus checks, leading to new optimism about the nation’s recovery from the pandemic. The monthly report […]
Personal Income
U.S. Consumer Spending Is Off To A Soft Start, Personal Income Bounces Back Slightly
Personal spending saw a slight uptick in January, while personal income growth rebounded moderately, showing signs of a cooling economy. The report released by the […]
Hispanic Economic Progress: Surging Faster but Still Behind
When President Trump visited Florida last month, he highlighted one achievement in particular: the economic progress made by Hispanics, a group that has strongly opposed […]
Are Trump’s tax cuts making a difference? Depends who you ask.
Jonell Marty, a fifth-grade teacher in the Minneapolis suburb of Apple Valley, received $60 more in her paycheck on February 5, her first to incorporate […]
Real Disposable Income Rises Sharply, Driven by One-Time Bonuses
Personal income increased in January, as employer optimism surrounding the recent tax bill made its way to consumers’ wallets. The 0.4% increase in January released […]
Five Things to Watch For in the March Personal Income and Outlays Report
The first 100 days: The time-honored test of whether or not a new president has the ability to advance his agenda in Washington ends on […]
Confidence Soars Amid Modest Consumption
Consumer confidence may be soaring but consumer spending has barely moved since last month. The Bureau of Economic Analysis released its latest report on March […]
Shoppers Are Looking For A Discount — And TJX is Reaping The Benefits
When President Trump took office in January, Simone Wilson was worried about how it might impact her small business. Wilson, who co-owns Spartan Construction and […]
Personal Income Rises, But Buying Power Dwindles With Inflation
Personal income increased in January but the gains were eaten up by rising prices. Personal income rose 0.4%, exceeding a 0.3% expectation. Consumer spending figures […]