Personal Income and Outlays, July 2009: “Personal income increased $3.8 billion, or less than 0.1 percent, and disposable personal income (DPI) decreased $4.6 billion, or less than 0.1 percent, in July, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $25.0 billion, or 0.2 percent. In June, personal income decreased $133.4 billion, or 1.1 percent, DPI decreased $119.9 billion, or 1.1 percent, and PCE increased $60.9 billion, or 0.6 percent, based on revised estimates.”
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Daily Archives: August 28, 2009
Productivity and Costs by Industry: Wholesale and Retail Trade, Food Services and Drinking Places
News release: “Labor productivity (output per hour) declined in wholesale trade, retail trade, and food services and drinking places in 2008. Productivity fell in 26 of the 50 detailed industries studied. Unit labor costs rose in 29 detailed industries, and increased in all three sectors in 2008.” Related postings on financial system Continue Reading
Federal Reserve Board Must Release Bank Bailout Info to News Organizations
Reporters Committee for Freedom of the Press:” The string of FOIA lawsuits for release of records of the government’s emergency lending programs finally saw its first victory Monday. The Federal Reserve Board must release to Bloomberg News records identifying the financial firms it loaned bailout funds to as well as the assets or amounts put… Continue Reading
