January 2014 Real Personal Income and Expenditures Above Expectations

Written by Steven Hansen Real Personal Consumption Expenditure (PCE) grew while Real Disposable Personal Income (DPI) contracted. This release shows that the December data (previous month) was distorted by a previous year’s income spike – and that income and expenditure growth correlated this month.

December 2013 Real Personal Income Contracts – Not A Good Sign for Economic Expansion

Written by Steven Hansen Real Personal Consumption Expenditure (PCE) grew while Real Disposable Personal Income (DPI) contracted. Income continues to fall further behind the rate of increase of spending.

2013 Was Good to Joe Sixpack (Relatively)

Written by Steven Hansen One of my favorite responses to those who ask me how things are going is “that I am still alive”.  This is the way I feel about the economic events of 2013 as they relate to the average survivor of this year.

Personal Income Growth Disappoints in November 2013

Written by Steven Hansen Real Personal Consumption Expenditure (PCE) and Real Disposable Personal Income (DPI) are up. However, the rate of increase of income continues to fall further behind the rate of increase of spending.