Household incomes rise but ...
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Household income crept higher and the poverty rate edged lower last year, the government said Tuesday, while the number of Americans without health insurance rose by 2.2 million to 47 million people.
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Income inequality is near record levels in many countries, and the worldÂs wealth has become even more narrowly concentrated than income.
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U.S. incomes rose at a slower rate in August, and spending slowed, the Commerce Department said.
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Sterling rose slightly after data out this morning suggested that inflationary pressures are building up.
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A spokesman from the National Bureau of Statistics (NBS) said here Friday that multi-fators have pushed up the housing price. Statistics show that the prices of housing and residential housing in the first
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The net wealth of U.S. households  rose to $55.63 trillion in the fourth quarter of 2006, and  domestic debt grew at a faster rate than in the third quarter,  a Federal Reserve report showed on Thursday.
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U.S. personal incomes rose 1.5  percent in the second quarter of 2004, the fastest pace of  growth in more than three years as income gains sped up in 33  states, the Commerce Department said on Tuesday.
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Spending rose slightly more than expected, while personal income rose 0.5 percent, the government said. For all of 2007, consumer spending grew by 5.5 percent, the weakest growth since 2003.
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The number of people paying their mortgages late â or not paying them at all â increased up in recent months, a trend that is expected to continue well into next year.
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The government's income from residential stamp duty has risen nine-fold over the last 10 year, new figures show.
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Wages rose faster than expected in the June-August period but analysts say the increases are still not high enough to cause inflation worries at the Bank of England.
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The UK inflation rate rises in  the year to December, thanks partly to rising household gas prices.
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WASHINGTON : Healthy wage growth boosted US personal incomes by 0.4 percent in August, but consumer spending was flat for the month, the Commerce Department said.
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Rising paychecks and expected job gains could offset high heating bills and a potential credit crunch.
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The increase seems small enough: two-fifths of 1 percent. The percentage of Americans living in poverty rose to 12.5 percent in 2003, up from 12.
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Spending by US consumers rose in November, suggesting shoppers will continue to boost economic growth this quarter. The 0.2 percent gain in personal expenditures on goods and services
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US consumers spend more in May than the month before, encouraged by higher personal income.