Americans see biggest monthly income drop in 20 years

by alexoscarew | March 2, 2013 at 04:14 am
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http://economicrisis.com/americans-see-biggest-monthly-income-drop-in-20-years/1189

Americans see biggest monthly income drop in 20 years

Personal income decreased by $505.5 billion in January, or 3.6%, compared to December (on a seasonally adjusted and annualized basis). That’s the most dramatic decline since January 1993, according to the Commerce Department.

It’s something of a combination of one-time events, though.
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