The Bureau of Economic Analysis released the Personal Income figures today. Personal increased $20.1 billion, or 0.17% in April. Adjusted for inflation, personal income was virtually the same decreasing by 0.07% for the month after rising by the same amount in March. Year over year, real personal income is up by 0.67%.
Personal income is continuing the recent trend of flirting with recession but not exhibiting the deep effects of one.
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