In the Personal Income & Outlays report for April, the BEA noted that “Personal income increased $1.97 trillion (10.5 percent) in April”. This was due to a large increase in transfer payment.
Tr…
Real Personal Income less Transfer Payments

In the Personal Income & Outlays report for April, the BEA noted that “Personal income increased $1.97 trillion (10.5 percent) in April”. This was due to a large increase in transfer payment.
Tr…