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Econ
Date Submitted: 12/16/2004 20:19:06
Length: 2 pages (508 words)
Views: 185538
The United States Department of Commerce has issued a statement proclaiming that personal income grew faster in September than in any other month since August 1999. This growth is largely due to the increase in federal farm subsidies which boosted personal income by $61 billion. Private wage and salary disbursements also increased by over $25 billion in September, adding to the total personal income bump up. The Department of Commerce said that the net personal income increased by 1.1% …
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