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Re: fuagf post# 172235

Friday, 03/30/2012 12:57:42 PM

Friday, March 30, 2012 12:57:42 PM

Post# of 485393
Fourth quarter income trends up, boost for spending
Mar 29, 2012
(Reuters) - Household income grew at a faster pace in the fourth quarter than previously thought as the jobs market strengthened, a development that could underpin consumer spending.
The Commerce Department said on Thursday real disposable income rose to a seasonally adjusted annual rate of $11.73 trillion, $10.6 billion more than previously estimated.
While its final estimate left growth in gross domestic product at an unrevised 3 percent pace last quarter, when measured from the income side, the economy expanded at a solid 4.4 percent rate - the quickest since the first quarter of 2010.
[...]
http://www.reuters.com/article/2012/03/29/us-usa-economy-idUSBRE82Q0VN20120329 [with comments]


Greensburg, KS - 5/4/07

"Eternal vigilance is the price of Liberty."
from John Philpot Curran, Speech
upon the Right of Election, 1790

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