personal income

The decline of a statistic known as personal income excluding transfers is seen as one indicator of a recession.

For the first time in 15 years, data from the Atlanta Fed shows that people who switch jobs haven’t been getting any more of a pay bump than people who stick with the same company.

U.S. consumer spending rose at the fastest pace in nine months while incomes soared by a record amount in March.

With stimulus checks long gone and unemployment benefits running out, many consumers are less willing to spend.

Federal data for July caught the tail end of the $600 a week in additional federal unemployment insurance just before it expired.

The Bureau of Economic Analysis reports that personal income rose by 10.5% in April. But without government relief payments, it would have fallen by roughly 5%.