Learn how the Personal Income and Outlays report from the BEA offers insights into consumer spending, income, and economic trends—critical for smart financial decisions.

Gross income is the total of all income you receive before taxes. It’s also called pre-tax income. Net income is your income after taxes (or take-home pay). Your gross income figure will always be ...

August personal income rose 0.4% MoM, driven by service sector wages and transfer payments, but real income growth excluding transfers remains sluggish. Personal consumption expenditures outpaced ...

Ahead of the 2026 legislative session starting in January, Georgia state Republican lawmakers are planning to introduce a ...

The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided ...