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5% Source: Federal Reserve Ratio of Household Debt to Personal Disposable Income At the same time as income and assets have become more volatile, consumers have taken on more debt. 0% per year); and also the third-highest growth rate in personal disposable income per capita (2. Where disposable personal income is personal income less personal tax and nontax payments, and personal savings is personal disposable income less personal consumption expenditures, interest paid by persons, and net personal transfer payments to the rest of the world. |
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