MoM Change in Personal Income in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The month-over-month comparison of personal income measures how much more income individuals in the United States have earned compared to the previous month. This data is released monthly by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA) and is crucial for assessing personal income levels.
This month-to-month data helps understand how personal income is fluctuating over a short period. An increase in personal income indicates that the economy is expanding and consumer purchasing power is improving. Conversely, a decrease in personal income suggests that the economy may be stagnating and consumer purchasing power is declining.
This data serves as an important reference for policymakers to assess trends in personal income and formulate appropriate economic policies. It is also a vital source of information for businesses and investors to gauge personal income trends and make economic projections.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
