US: Income Gains Were Robust Ahead of the COVID-19 Shock

<p>Personal income advanced by 0.6% month-on-month in February, above market expectations (+0.4%). Subtracting inflation and taxes, real disposable income growth was also strong, rising by 0.4% in the month. According to the Bureau of Economic Analysis, the rise in income reflected increases in compensation of employees and farmer proprietors&#8217; income. This included subsidy payments from [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/283249-us-income-gains-were-robust-ahead-of-the-covid-19-shock/">US: Income Gains Were Robust Ahead of the COVID-19 Shock</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>