Oct 01 2018
WEEKLY ECONOMIC UPDATE
CHART OF THE WEEK
Incomes Rise Nationwide at 4.2% Annual Rate
Across the United States incomes increased 4.2%, at an annual rate, according to the Bureau of Economic Analysis (BEA) State Quarterly Personal Income report for Q2-2018. The BEA also noted that the U.S. industries with the largest percent rise in earnings* were farming, mining, professional, scientific and technical services, construction, and administrative and waste management.
*Wages and salaries and proprietors’ income (non-corporate business profits, such as those of small business owners).
Examining the Rise of American Earnings and Living Standards (Hearing Video)
News & Commentary
The Trump Boom Is Real — Just Ask The Global Economy (Investor’s Business Daily)