41. For example, for almost three years, new vehicle prices have remained relatively flat while personal income has grown. 42. For figures on per capita disposable personal income, the organization relies on annual estimates of the U.S. Bureau of Economic Analysis. 43. Growth in personal income took place in all regions last year. 44. Gibson says that drop is probably what caused a decline in personal income in California. 45. He said personal income growth was still strong, hinting at a rebound in consumption. 46. He even agreed to keep a surcharge on personal income, due to expire in December, that his own administration said was the equivalent of a tax increase. 47. He has also pushed for a flat tax on personal income. 48. Household debt has risen to record levels today as a percentage of the personal income available to repay the debt. 49. If it did, Gibson says personal income nationwide would be down, not up. 50. In a positive sign, U.S. personal income and spending rose in the weeks leading up to the shopping season, according to government figures today. |
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