The Latest on Real Disposable Income Per Capita
Mar 03, 2014 Doug Short
This morning I posted my latest Big Four update, which included today’s release of the January data for Real Personal Income Less Transfer Payments. Now let’s take a closer look at a rather different calculation of incomes: “Real” Disposable Personal Income Per Capita.
The January nominal 0.31% month-over-month is encouraging, after when we adjust for inflation, the real MoM change is a smaller 0.20%. The year-over-year metrics are more relevant than last month, now that the tax strategy blip is behind us. They are 3.28% nominal and 2.08% real.
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Source: http://advisorperspectives.com/dshort/updates/DPI-Monthly-Update.php
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