The Oregon Biz Report - Business News from Oregon

Read about accutane journal moderate acne here

Spending +.3%, Savings rate highest in 15 years.

June 26, 2009

Wall Street Journal reported today, “The income of Americans soared in May because of the government’s economic stimulus, leading them to increase spending modestly and boost the saving rate to the highest in 15 years. Personal income rose at a seasonally adjusted rate of 1.4% compared to the month before, the Commerce Department said Friday. The jump reflected reduced taxes and increased social benefit payments unleashed by the stimulus package. Consumer spending, or personal consumption, rose 0.3% compared to the month before.”

Print This Post Print This Post    Email This Post Email This Post

Discuss this article

Marie June 26, 2009

Interesting data with the unemployment rates as high as they are.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please answer the following question to confirm that you are a real person: *

Top Business News


Top Natural Resource News


Top Faith News


Copyright © 2019, OregonReport. All Rights Reserved. | Terms of Use - Copyright - Legal Policy | Contact Oregon Report

--> --> -->