Friday, August 14, 2015

DPI by Quintile

Advisors Perspectives Doug Short has a good chart:


And the BEA has their monthly Personal Income report:


The bottom 4/5ths? 
Personal income increased $68.1 billion, or 0.4 percent, and disposable personal income (DPI) increased $60.6 billion, or 0.5 percent, in June, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $25.9 billion, or 0.2 percent. In May, personal income increased $66.3 billion, or 0.4 percent, DPI increased $53.8 billion, or 0.4 percent, and PCE increased $90.8 billion, or 0.7 percent, based on revised estimates. 

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Small wonder the bottom 4/5ths still see recession. 

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