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One in eight US households saw drop in income last month

October 4, 2023 Robert Harrington

The increase in income — to 11.8% last month from 10.7% in August — was driven primarily by high- and middle-income households and the West region

The share of US adults with decreasing incomes has ticked higher in recent weeks, another sign that the labor market is slowly cooling. READ MORE

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rharrington@bullseye.consulting

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