Real Disposable Personal Income Grows by 2.2%

From Table 10 in today's BEA report on Personal Income, real disposable income increased 2.2% in February, compared to February last year (see chart above). This is the 5th consecutive month of positive growth in real personal income compared to the same month in the previous year, following negative growth in August and September of last year. The 2.2% increase in real disposable income is just slightly below the 2.3% average over the last four years.

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