The U.S. Bureau of Economic Analysis (BEA) has issued the following announcement today:
State personal income statistics for the second quarter of 2009 and comprehensive revisions to those statistics for earlier periods that had been scheduled for release tomorrow, Friday, September 18, instead will be released on Friday, October 16.
BEA had accelerated the production of the revised state personal income statistics that are consistent with the recently-released comprehensive revision of the GDP statistics, with the aim of releasing those statistics more quickly than in previous comprehensive revisions. Due to discrepancies just discovered in the data, we are unable to meet the accelerated schedule. We apologize for the delay; but the statistics BEA produces must meet our standards for accuracy.
More information available at www.bea.gov.
Inherited Wealth, Social Mobility, and College
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This chart shows the fascinating pattern of inter-generational wealth and
poverty in America. Of those raised in the top income quintile, 40% stay
there ...
6 hours ago


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