Thursday, January 31, 2008

Real Personal Disposable Income: 3.1% in 2007

From today's BEA report, "Real Disposable Personal Income increased 3.1% in 2007, the same increase as in 2006 (see chart above)."

In fact, there has only been one year since 2001, when real disposable personal income has grown at a higher annual rate than 2007 - the 3.6% rate in 2004.

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