Dollars and Jens
Monday, March 03, 2008
income and spending
Income and spending came out last Friday, and while I commented on the inflation numbers, I didn't note some other data from it. Real spending for both December and January is now reported as ever-so-slightly increasing, rather than ever-so-slightly decreasing, as December was at first; meanwhile, income from compensation of employees actually continues to grow at a pretty decent clip, though last month that wasn't a lot faster than inflation.

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