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Personal Income

Mark Gongloff

Here's Proof That Austerity Is Already Here

HuffingtonPost.com | Mark Gongloff | Posted 03.01.2013 | Business

As you have probably heard, today is Sequester Day, when the Austerity Badger sneaks into America and sets our money on fire. In truth, austerity is h...

Good News For Your Paycheck

Reuters | Posted 01.26.2013 | Money

WASHINGTON, Nov 26 (Reuters) - Personal income grew in all major U.S. metropolitan areas in 2011, the first time in four years that all of the count...

Weakest Growth In Months

AP | MARTIN CRUTSINGER | Posted 08.29.2012 | Money

WASHINGTON — U.S. consumers spent no more in May than in April after seeing almost no gain in their pay. The lack of growth in consumer spending...

Loren Berlin

Mom Can't Get Credit Card, Starts Protest Movement

HuffingtonPost.com | Loren Berlin | Posted 05.22.2012 | Money

Holly McCall, a 34-year-old mother of two from Vienna, Va., grabbed headlines last week with her fight for the right of stay-at-home mothers to open t...

States Where Incomes Are Rising The Fastest

The Huffington Post | Harry Bradford | Posted 04.26.2012 | Business

They don’t call them oil booms for nothing. An oil rush in North Dakota has helped the income of the state's residents grow at a rate significant...

Spending Jump Outpaces Income Growth

AP | MARTIN CRUTSINGER | Posted 05.30.2012 | Money

WASHINGTON — U.S. consumers boosted their spending in February by the most in seven months, raising expectations for stronger growth at the star...

Economy Scores Passing Grade, Today Anyway

The Huffington Post | Mark Gongloff | Posted 03.01.2012 | Business

President Obama has bet a second term on selling an economic comeback. A big truckload of economic data released today suggests he's not losing that b...

Consumer Spending Slows As Americans Dig Themselves Out Of Debt

The Huffington Post | Bonnie Kavoussi | Posted 11.23.2011 | Business

As Americans pay down their household debt, their reluctance to spend is hurting the economic recovery. Though disposable personal income rose 0.3...

Consumer Spending Jumps In July After First Decline In Nearly Two Years

AP | MARTIN CRUTSINGER | Posted 10.29.2011 | Business

WASHINGTON — Consumer spending grew in July by 0.8 percent, the largest amount in five months. That followed a decline in June and helped ease f...

Consumer Spending Up -- Thanks To Higher Gas And Food Prices

The Huffington Post | Yepoka Yeebo | Posted 05.28.2011 | Business

Consumer spending increased in February for the eighth straight month, but much of the gain came from steadily rising gas prices and higher grocery bi...

Americans Get A Raise In January

Posted 05.25.2011 | Business

WASHINGTON: Consumer spending rose less than expected in January as households took advantage of the largest increase in incomes in more than 1-1/2 ...

The Economic Recovery Waits For Increasingly Thrifty Consumers

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — American shoppers are being careful about how much they spend, and that's making businesses cautious about hiring. For the economi...

12 U.S. Cities Where Incomes Plummeted Last Year (PHOTOS)

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

Personal incomes declined last year throughout most of the nation, with the exception of a few regions propped up by federal funding, according to a r...

Consumer Spending Up Again, But Incomes Stagnant In February

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Confidence is growing that the economic recovery won't fizzle out. Consumers kept cash registers humming last month at a decent pac...