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"Income was weighed down by decreases in dividend, farm proprietors’ and interest income. Wages increased 0.3 percent in January after rising 0.5 percent in Dec
by SolaceQuantum 8y ago
"Income was weighed down by decreases in dividend, farm proprietors’ and interest income. Wages increased 0.3 percent in January after rising 0.5 percent in December."
I have no education in economics, but does this imply that it is becoming less lucrative to invest money? (Also, later in the article, it says that purchasing dropped sharply in December. How is it that wages are growing, job market is hungry for more labor, but consuming is dropping?)
- addicted 8y agoThere could be time lags between those indicators.
- WillPostForFood 8y agoThe Personal Consumption Expenditures number from the Federal Reserve is seasonally adjusted. A decline in a seasonally adjusted number can actually a lower than expected increase.