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Both income and spending growth accelerated in October at the fastest rate in 2018 but were expected to slow in November and did so, with personal income up just 0.2% MoM.....»»

US Spending Growth Weakest In Six Months, Core Capex Tumbles Americans' personal income and spending growth in August was expected to reverse some of the moves seen.....»»

Echoing April's data, Personal Income rose more than ex.....»»

After lagged (govt shutdown) and mixed performances in the last two months, income and spending growth was expected to rebound notably in March (despite a weak signal from within the GDP data) and .....»»

While US personal incomes grew, as expected, at 0.3% MoM, Americans resumed spending fare more than they make (increasing 0.6% MoM in April). For the 28th month in a row, YoY growth in spending has outpaced incomes, sending the savings rate back d.....»»

As Arizona lawmakers are considering a flat tax proposal, a new survey from a statewide advocacy group in support of the measure shows that most Arizonans want to see a reduction in the personal income tax rate......»»

‘My wife’s income is over $100,000. My income is under $15,000 per year. She has a 30-year pension coming, a 401(k), savings, and her checking account.'.....»»

‘My wife’s income is over $100,000. My income is under $15,000 per year. She has a 30-year pension coming, a 401(k), savings, and her checking account.'.....»»

Gov. Tom Wolf on Tuesday unveiled a proposal to raise the state's personal income tax from 3.07% to 4.49% while at the same time expanding the number of Pennsylvanians in lower and middle income brackets that would qualify for tax cuts and increas.....»»

“It’s California’s high personal income tax rate that’s fueling the exodus," the former CEO said......»»

One of the biggest misconceptions is that you need a high income to achieve financial independence.  Your savings rate is much more important than absolute dollars earned. Your savings rate is determined by di.....»»

One of the biggest misconceptions is that you need a high income to achieve financial independence......»»

This story was delivered to Business Insider Intelligence Banking Briefing subscribers earlier this morning. To get this story plus others to your inbox each day, hours be.....»»

Household wealth compared to income is near a record high. Unemployment is near a record low. So why is the savings rate so high?.....»»

damircudic/Getty Images I opened a high-yield savings account in late August 2019, just as interest rate cuts had ra.....»»

U.S. Personal Income - The Next Interest Rate Change May Be In The Summer.....»»

Here's how to calculate your ideal savings rate if you want to retire early, according to Rob Berger, the author of "Retire Before Mom and Dad.".....»»

U.S. Personal Income, Expenditure And PCE Inflation - Looking Good But Slightly Under Fed Targets. Room For A Rate Cut.....»»

After May's surprisingly positive rebound, income and spending growth was expected to slow in June and b.....»»

This could be the time for retirees with cash on a fixed income to lock in an interest rate......»»