Personal income fell, inflation held at 3% in February
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April 9 (UPI) -- Personal incomes in the United States fell by $18.2 billion in February as inflation maintained a seasonally adjusted rate of 3%, the U.S. Bureau of Economic Analysis reported Thursday. The decrease in personal income is about a 0.1% drop in spending power . Disposable income also fell at the same rate. Thursday's report was delayed more than a week due to the 43-day government shutdown in October and November. The BEA noted that the decrease in personal income reflects "
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