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Personal Income Declined 1% in September

By October 29, 2021Housing
The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income slumped 1% in September to a seasonally adjusted annual rate (SAAR) of $20.49 billion. This decrease in personal income was largely due to declines in the government social benefits, including economic impact payments and the pandemic unemployment compensation. It largely offset the increase in… Read More ›