BEA News: Personal Income and Outlays, March 2020

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Personal income decreased 2.0 percent in March after increasing 0.6 percent in February. Wages and salaries, the largest component of personal income, decreased 3.1 percent in March after increasing 0.5 percent in February.

The full text of the release on BEA’s website can be found at: www.bea.gov/news/2020/personal-income-and-outlays-march-2020

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