January 31, 2013 at 11:19 AM EST
Personal Income Surges In December On “Special Payments”
Disposable personal income (DPI) in December surged by 2.7% compared with November’s level, although the gain “was boosted by accelerated and special dividend payments to persons and by accelerated bonus payments and other irregular pay in private wages and salaries in anticipation of changes in individual income tax rates,” the government advises. By contrast, personal [...] View the full post at: Personal Income Surges In December On “Special Payments” Related posts: BEA: Personal Income and PCE Spending is Out; Saving and Paying Off Debt is In Low Down Payments for FHA Loans Have Been Around for Awhile
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