According to today’s BEA report (Table 10), real disposable personal income increased in July by 1.2% compared to July last year, following a 3.4% annual increase in June and 6.3% increase in May (see ...

Disposable income is the amount of money you have left over from your earnings after paying mandatory taxes. It’s essentially what you can “dispose of” or use as you choose, whether for necessities, ...