Disposable Personal Income Increases $47 Billion in December 2011

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Disposable personal income increased $47 billion dollars to $11.6 trillion dollars in December 2011. This increase comes after a $4 billion dollar decrease in November. Disposable income has been above pre-recession levels since February 2011, but was plateauing until this large one-month increase. Real disposable personal income increased $34.2 billion to $10.16 trillion. This is also a substantial increase over November, but just below the recent real high of $10.17 trillion reached in June 2011. Hopefully, this signifies a continued increase after nearly a year of near-flat disposable income increases.

-From the St. Louis Federal Reserve

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