Wages Rebound… FINALLY… Great news for the Economy

An annual Census Bureau report showed stunning results in consumer wage growth.

Wages Rebound

This chart from the Census Bureau report shows it all, as overall incomes increased a whopping 5.2%


5.2% That’s Huge!

Two thirds of our economy (Gross Domestic Production) is consumer spending related.

A 5%+ increase on over two thirds of the economic spending and growth is good news.

More Income, More savings

Personal Savings Rate



Consumer Sentiment on the rebound


Less Debt

Household debt as a % of GDP


Spend More

Recall here our notation of the growth in GDP…

8-26-16 GDP Graph Econoday

Great news for the economy!

Have a better Economy day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

Leave a Reply