Eric Basmajian: Real personal income per capita is now $3,267 below 2009-2020 trend

Eric Basmajian: Real personal income per capita is now $3,267 below 2009-2020 trend
U.S. real personal income falls behind

Eric Basmajian, industry influencer, reports that real personal income per capita in the U.S. has not grown for the past 15 months.

According to Basmajian, the current figure is $3,267 below where it would have been based on the 2009-2020 trend, which is creating worsening economic conditions for the average American and impacting Main Street.

Basmajian previously released a free guide to understanding the U.S. housing cycle for those tracking the property market. In separate research, he reported that computer equipment investment reached 1.0 percent of U.S. GDP and made up 14 percent of fourth-quarter growth. These developments highlight his continued coverage of key economic trends.

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