The personal income of Americans increased 0.7 percent to $69.1 billion last
month, the biggest rise in personal income this year, according to the Bureau
of Economic Analysis.
For a Limited Time receive a
FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with
customized information for your industry, location, and job.
Get Your Report Now!In April, disposable personal income increased $45.7 billion, or 0.5 percent.
After adjustment for price changes, disposable personal income increased 0.1
percent in April, in contrast to a decrease of less than 0.1 percent in March.
Private wage and salary disbursements increased $39.3 billion in April, compared
with an increase of $16.5 billion in March.
Goods-producing industries' payrolls increased $6.9 billion, compared with
an increase of $1.8 billion in March. Manufacturing payrolls increased $3.6
billion, in contrast to a decrease of $1.1 billion in March.
Services-producing industries' payrolls increased $32.4 billion, compared with
an increase of $14.7 billion in March. Government wage and salary disbursements
increased $2.2 billion, compared with an increase of $1.7 billion.
Links