The Big Four Economic Indicators: Real Personal Income ex Transfer Payments
October 31st, 2014 Doug Short
September Real Personal Income less Transfer Payments increased by 0.05%, the smallest gain since the -0.3% contraction in December 2013.
A more accurate version of this indicator is a per-capita version using the Bureau of Labor Statistics’ Civilian Population Age 16 and Over illustrated below since the turn of the century. The September per-capita version came in at -0.04% month-over-month and is up only 1.4% year-over-year. The latest data point is 0.8% below the March 2008 peak.
Source: http://www.advisorperspectives.com/dshort/updates/Big-Four-Economic-Indicators.php
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