Search This Blog

Thursday, June 26, 2014

Americans are earning more but spending less - Jun. 26, 2014

Americans' incomes are rising, but they aren't spending their extra cash.

Personal income rose 0.4% in May, according to the Bureau of Economic Analysis. It may not sound like much, but it marked the fifth straight month in a row that incomes rose. Not only that, but incomes are rising faster than inflation -- an encouraging sign that people are gaining more buying power.


Americans are earning more but spending less - Jun. 26, 2014

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.