> >> "Personal income increases. Personal Income increased 0.4% ($44.8B) > (vs. -0.2% consensus); disposable personal income rose 1.7%..." >> > > > Rachael - source ? Time period ? I find this hard to believe, > given what has been happening in past months and the past quarter. > We're putting 600,000+ out of work each month and income is rising > ? > > Government numbers are increasingly suspect..
Wall Street Breakfast: Must-Know News [View article]
I hear your skepticism.
The stats are from the Bureau of Economic Analysis, for January 2009.
Here's the link:
www.bea.gov/newsreleas...
-R.G.
On Mar 03 11:40 AM axelrod608 wrote:
> >> "Personal income increases. Personal Income increased 0.4% ($44.8B)
> (vs. -0.2% consensus); disposable personal income rose 1.7%..." >>
>
>
> Rachael - source ? Time period ? I find this hard to believe,
> given what has been happening in past months and the past quarter.
> We're putting 600,000+ out of work each month and income is rising
> ?
>
> Government numbers are increasingly suspect..