Quantcast

Posts Tagged ‘personal consumption expenditures’

Personal income growing, but not from wages (access required)

The economy is starting to thaw for workers and consumers. For the seventh consecutive month, personal income is expected to rise, according to BBVA Compass Bank’s Economic Research Department. However, the growth is being driven by government transfers and proprietors’ income rather than by wages. And while employee compensation is no longer declining, the weak labor market [...] [...]

  • image
  • image
  • image
Copyright © 2012  | Colorado Springs Business Journal  31 E. Platte Ave., Ste 300, Colorado Springs, CO 80903  (719) 634-5905