income News Updates

Government, Business

US Incomes Fall in June as One-Time Stimulus Boost Fades

U.S. incomes fell more than expected in June as the effects of the government’s one-time stimulus checks dissipated, though an increase in unemployment-insurance payments pointed to the importance of expiring federal relief.

July 31, 2020
Business

US Household Incomes Rose to Record in 2016 as Poverty Fell

The U.S. median household income rose to a record last year and the poverty rate fell, as steady economic growth helped improve the lot of more Americans, according to annual data from the U.S. Census Bureau released Sept. 12.

September 12, 2017
Business

Personal Income in Second Quarter Grew in All States

State personal income growth, income derived from all sources, accelerated to 1%  on average in the second quarter of 2016, compared with 0.3% in the first quarter, according to estimates the U.S. Bureau of Economic Analysis released Sep. 28.

September 29, 2016