Inflation Alert! A dive into the Bureau of Economic Analysis Personal Income and Outlays for June from this past Friday, and the GDP numbers from Thursday. Lots of inflation-related 'goodies' for us to unpack...
According to data from the Bureau of Economic Analysis this past Friday, personal income (income that people get from wages and salaries, Social Security and other government benefits, dividends and interest, business ownership, rental properties, etc.), but without stimmies, enhanced unemployment, and other transfer payments from the government (adjusted for