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Sources of personal income.

Personal decreased $23.7 billion (annual rate) in August, following an increase of $12.1 billion in July. The August estimates reflect the effects of Hurricane Andrew. Three major effects for which adjustments (At annual rates) were calculated by the Department of Commerce were: uninsured losses of residential and business property, which reduced rental income of persons by about $46 billion and proprietor's income by about $7 billion; work interruptions, which reduced wages and salaries by about $5 billion; and crop damage, which reduced farm proprietors' income by about $2 billion. Excluding these major effects, personal income increased about $36 billion in August.
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Title Annotation:Total Output, Income, and Spending; ending August 1992
Publication:Economic Indicators
Article Type:Illustration
Date:Sep 1, 1992
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Sources of personal income.

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