> Seasonally adjusted annual rate This means that if the trend were to continue for a year, the amount of personal income would be that figure. GDP is always a

> Seasonally adjusted annual rate This means that if the trend were to continue for a year, the amount of personal income would be that figure. GDP is always an annual figure. It's not clear if "personal income" is just cash or includes benefits (like health care). It's also possible that people who are laid off / furloughed are dipping into their retirement funds, because the administration gave guidance that doing so right now would not be penalized for those who are economically impacted (please don't do trust me and verify with your accountant).