By Yulia Almazova Economists expect the February Personal Income and Outlays report to show continued but modest growth in consumer spending, even as the data […]
Tag: personal income
Inflation Was Already Rising. Then Iran Happened.
January showed inflation still climbing. Now, economists say the damage done by the conflict in Iran may be hard to overstate. By Yulia Almazova Inflation […]
American Income Rose In December. Americans Are Not Feeling It.
A new PCE report shows the U.S. economy leaving the average household worse off despite its overall resilience thanks to affluent earners. By Yulia Almazova […]
Inflation is still elevated, but consumers are undeterred
Inflation remained well over targets in February but consumers just kept spending, the latest signal that the economy is not quick to slow down, despite […]
A tight labor market is helping women catch up to men
When Marie-Pier Tremblay moved from Quebec to Boston in 2012, working a job was not in the cards. There were legal hurdles to working in […]
Americans’ Personal Income Rose Significantly in January
Americans’ income rose sharply in January, driven by social security and dividend payments, in the latest sign that American households remain financially healthy. The value […]
Wages increased for restaurant and hotel staff post-pandemic
The cost of living has risen for leisure and hospitality workers while a hot labor market has spurred salary growth for low-paid workers – but […]
Five Things to Watch in March’s Personal Income and Outlays Report
The Bureau of Economic Analysis will release tomorrow the latest Personal Income and Outlays report. Economists surveyed by Bloomberg forecast a month-to-month personal income increase […]
U.S. households spent considerably less in February after a spending spree in January
Personal consumption expenditures decreased on a month-to-month basis, while wages in the private sector continue to increase Consumers considerably slowed their spending in February, but […]
Generation Y doesn’t save, and their debt continues to grow
As interest rates continue to increase credit card debt balances will cause strains to people in their 20s and 30s When the pandemic cut Dominique […]