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Sunday, November 8th, 2009

ECONOMIC STIMULUS ACT OF 2008: Is it working? 2

July 16, 2008 by ren  
Filed under Finance

Estimated rebates for 2008 provided by the Economic Stimulus Act of 2008 total $ 106.7 billion, distributed on a weekly basis from 28 April through mid-July.

Statistics from the US Bureau of Economic Analysis show improvements in Personal Incomes of US Residents:

Personal Incomes
It looks like, on a national basis, the tax rebates are working. A significant statistic is the Savings figure of 5% of Disposable Personal Income. Despite the increase in oil and foodprices, US residents have managed to maintain a good savings rate.

Is the Economic Stimulus Act working for you?

graphics by Ren Garcia

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