by James Van Bramer | Apr 28, 2023 | Featured, Personal Income
Economists predict a slight decrease in Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred measure of inflation, and a modest dip in consumer spending, in March’s personal income report set for release Friday. The predicted slowdowns...
by James Van Bramer | Apr 5, 2023 | Featured, Personal Income
Young people are already struggling financially, and the potential restart of student loan payments could make their road ahead even bumpier. While American households overall have emerged from the pandemic in strong financial shape, with plenty of savings and little...
by James Van Bramer | Apr 2, 2023 | Personal Income
American households’ spending cooled significantly in February after having the largest one-month gain in nearly two years in January, offering possible signs of a slowing economy as the Federal Reserve continues to pounce on inflation through interest rate...
by James Van Bramer | Mar 1, 2023 | Personal Income
Inflation sped back up after a period of slowing at the end of last year, dealing a blow to the Federal Reserve, which will likely continue to raise interest rates this year in its quest to tame inflation. The Personal Consumption Expenditures price index, the Fed’s...
by Allison Nicole Smith | May 23, 2021 | Personal Income
High school senior Chris White planned on attending University of Texas at Arlington, a local university about a 30-minute drive from his home. But then covid hit, his father lost his job because of pandemic-related lay-offs, and he struggled to adapt to remote and...
by Allison Nicole Smith | Apr 29, 2021 | Featured, Personal Income
The March report on personal income and spending — an important indicator of Americans’ financial security and consumer confidence in the economy — is expected to signal turbocharged spending and stockpiles of wealth because of additional federal stimulus, easing...
