Trends in U.S. Disposable Income and Spending Growth: What 15 Years of Data Reveal
This in-depth analysis explores the long-term relationship between disposable income and spending growth in the U.S. economy, using 15 years of FRED data. It examines how real disposable personal income and real personal consumption expenditures have generally tracked similar trends, averaging just over 2.5% annual growth. The article highlights the impact of major fiscal stimulus …