Tuesday, June 2, 2009

Personal Income Pt. I

Yesterday the BEA released personal income information. In part 1 I'll look at the charts from the income portion. In part II I'll look at the expenditures.

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The general trend for compensation is down.
Employee compensation is down as well, as are

wages and
Personal income and receipts from assets. The only sub-part of income increasing over the last 7 months is
Transfer payments.