January 2018 Personal Income and Outlays
Submitted by Atlas Indicators Investment Advisors on March 14th, 2018Income and spending improved to start 2018 according to Bureau of Economic Analysis. Pay increased $64.7 billion (an increase of 0.4 percent) in the period. After-tax pay rose even faster, surging 0.9 percent or $134.8 billion. In addition to taking home more money, Americans spent more as well; personal consumption increased $32.4 billion, a rise of 0.2 percent.