November 30, 2007
Income Rises, But Stuff More Expensive
By Matthew L. Brown
The U.S. Department of Commerce reported that personal income increased $21.2 billion, or 0.2 percent, and disposable personal income (DPI) increased $14.0 billion, or 0.1 percent, in October.
Personal income increased $50.4 billion, or 0.4 percent.
However, what the department calls "real DPI" which is adjusted to take rising prices into account, decreased 0.1 percent in October, in contrast to an increase of 0.2 percent in September.
Personal income increased $50.4 billion, or 0.4 percent.
However, what the department calls "real DPI" which is adjusted to take rising prices into account, decreased 0.1 percent in October, in contrast to an increase of 0.2 percent in September.
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