Personal income measure improves

Publish date
03/01/2010
Source
CNN Money
Main Category
Economy - US
Article Summary

The measure of personal income growth continues to improve, reports the U.S. Commerce Department.  The agency reports the 0.1% gain in the measure in January is the smallest increase recorded since September and raises the volume by $11.4 billion.  While the measure is below expectations of a 0.4% gain by economists, the accompanying 0.5% increase in spending by individuals is above expectations for the period.

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