Monday, February 28, 2011

Increase in personal income and consumer spending

"Income of workers climbs 1.0% in January". Jeffry Bartash. February 28, 2011.

A highest increase in January of 2011 in the income rate has been shown comparing to the last year and a half. An increase of 1% in the workers' personal income was not expected. As for an increase of only 0.2% of buyers's spending rate was expected to be a little higher, in which it rose the saving rate to 5.8%.

http://www.marketwatch.com/story/income-of-workers-climbs-10-in-january-2011-02-28

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