June 01, 2025
Income Rising
Timothy Birdnow
Well, will wonders never cease! We've been told Trump was going to cause a recession. Well....
Personal Income Increased 0.8% in April
Well, will wonders never cease! We've been told Trump was going to cause a recession. Well....
Personal Income Increased 0.8% in April
Personal income increased 0.8%, or $210.1 billion , in April, the Commerce Department said. The personal savings rate – a percentage of disposable personal income – was 4.9%.
Posted by: Timothy Birdnow at
10:07 AM
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1
I'll take Trump's kind of recession and raise you five...
Posted by: Dana Mathewson at June 02, 2025 12:22 AM (G90di)
2
Unfortunately, personal income has nothing to do with recession. It is not one of the components measuring a recession. Mostly it's GDP, and personal income is not part of that.
Posted by: Bill H at June 02, 2025 12:29 AM (Q7br2)
3
It's not Bill, but it's an indicator. If income is rising AND inflation is under control then there is more disposable cash out there. Generally you don't have a recession when people have more disposable cash.
Posted by: Timothy Birdnow at June 02, 2025 08:02 AM (kH7Sw)
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