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US household organic income down slightly in February [ClearOnMoney]
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US household organic income down slightly in February

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Commentary

US household organic income down slightly in February

31 Mar 2012 by Jim Fickett.

Yesterday the BEA reported household income and spending data through February. The bad news is that income less government transfers, adjusted for inflation, was down slightly from January. However the change was small (-0.1%), the month-to-month changes are noisy, and the year-over-year change was positive, at +1.3%. So this is one to watch, but not to get too worried about just yet.

Spending continued to rise: