Economic Outlook – 1 December 2024
puricassarag 2024-12-01T19:56:12+00:00USANominal personal income rose 0.6% in October, twice the rate expected by consensus (+0.3%) and the most in 9 months. The wage/salary component of income moved up 0.5%, while income derived from government transfers jumped 0.7%. Personal current taxes, meanwhile, edged up 0.1%. All this translated into a 0.7% increase in disposable income, the biggest [...]