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Higher Wages and Social Security Payments Boost Income

Ricky Cove
Higher Wages and Social Security Payments Boost Income

Could Personal Income Continue to Rise? The BEA (Bureau of Economic Analysis), which is a part of the US Department of Commerce, releases a monthly report on US consumers’ personal income, disposable personal income, and personal consumption expenditure. The BEA’s April 30 report indicated that the US workforce’s personal income rose 0.3% in March, the same increase seen in February.