U.S. personal income growth slowed to 1.0 percent.
U.S. personal income growth slowed to 1.0 percent in the fourth quarter of 2000 after a 1.6 percent increase in the third quarter and, about 2.0 percent gains in the first and second quarter of 2000. The Bureau of Economic Analysis release of April 24, 2001, reported "the slowdown in the fourth quarter reflected a substantial deceleration in net earnings, which grew 1.1 percent after growing. 1.9 percent in the third quarter." Farm earnings declined 34.6 percent.
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|Publication:||South Dakota Business Review|
|Article Type:||Brief Article|
|Date:||Jun 1, 2001|
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