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Household organic income might have finally started to grow again [ClearOnMoney]
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Household organic income might have finally started to grow again

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Commentary

Household organic income might have finally started to grow again

7 Feb 2012 by Jim Fickett.

Last week the BEA released US household income and spending data through December. Organic income (i.e. less government transfer payments) looks as if it might have broken a long trend of stagnation. We will need more data to be sure this was not just noise, but an increase would be in keeping with a general improvement in economic indicators, and the data are encouraging:

Looking beyond the month-to-month noise, spending is most likely still in an upward trend, though it could be leveling off: