May 27, 2011
Personal Income Creeps Up In April
Personal income across the United States increased $46.1 billion, or 0.4 percent, in April, the Bureau of Economic Analysis announced this morning.
Disposable personal income was also up in April by $35.1 billion, or 0.3 percent.
Those increases were both lower than gains in March, when personal income increased $54.6 billion and DPI increased $46.3 billion, or 0.4 percent.
Increases in private wages and salaries in April of $27.3 billion outpaced gains of $20.6 billion in March.
And proprietors' income was up $4.4 billion in April, compared with an increase of $5.4 billion in March. Proprietor's income is the current production income of sole proprietorships, partnerships and tax-exempt cooperatives.
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