How to Use Personal Income and Personal Spending in For example
Author: Victor Gryazin
Dear Clients and Partners,
This overview is devoted to two macroeconomic indicators — Personal Income and Personal Spending —and their influence on the stock market.
What is Personal Income
Personal Income represents monthly changes in the income of physical persons. This indicator assesses in percent the changes of the aggregate income of people in the country over a reporting month compared to the previous month. For calculations, income from several sources is used:
Monthly changes of personal income is one of the key macroeconomic indicators that the BEA uses for assessing business activity in the country. Personal Income changes are published monthly in the Economic Calendar.
What is Personal Spending
Personal Spending demonstrates monthly changes in expenses of physical persons. It assesses in percent how aggregate expenses of people in the country have changed over the reporting month compared to the previous one. This includes all main expenses of the population:
Read more at R Blog - RoboForex
Sincerely,
RoboForex team
Author: Victor Gryazin
Dear Clients and Partners,
This overview is devoted to two macroeconomic indicators — Personal Income and Personal Spending —and their influence on the stock market.
What is Personal Income
Personal Income represents monthly changes in the income of physical persons. This indicator assesses in percent the changes of the aggregate income of people in the country over a reporting month compared to the previous month. For calculations, income from several sources is used:
- Wage/salary
- Bonuses
- Income from owning real estate
- Income from holding financial assets
- Income from enterprises
- Subsidies and social payments
- Insurance, pension, etc.
Monthly changes of personal income is one of the key macroeconomic indicators that the BEA uses for assessing business activity in the country. Personal Income changes are published monthly in the Economic Calendar.
What is Personal Spending
Personal Spending demonstrates monthly changes in expenses of physical persons. It assesses in percent how aggregate expenses of people in the country have changed over the reporting month compared to the previous one. This includes all main expenses of the population:
- Spending on services
- Spending on durable and not goods
- Spending on banking transactions, commission fees, etc.
Read more at R Blog - RoboForex
Sincerely,
RoboForex team