Personal Income decreased 0.1% in January, increased 1.0% in December

The BEA released the Personal Income and Outlays report for December, and Personal income for January: Due to the recent partial government shutdown, this report combines estimates for December 2018 and January 2019. December estimates include both income and outlays measures, while January estimates are limited to personal income. Estimates of outlays for January are unavailable due to a delay in the release of the Census Bureau's Advance Monthly Retail Sales. Personal income increased $179.0 billion (1.0 percent) in December according to estimates released today by the Bureau of Economic......(read more)

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