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real income
[ree-uhl, reel]
noun
the amount of goods and services that money income will buy.
Word History and Origins
Origin of real income1
Example Sentences
"However, softer earnings growth, higher inflation, tighter fiscal policy, and the lagged impact of past interest rate rises for some mortgagors point to much weaker real income growth moving forward."
Those two headwinds have eased as inflation and oil and gas prices have fallen, and as wages have started to rise to make up for inflation and restore lost disposable real income.
And Gracie's homemade cake business is more of a hobby than a source of any real income.
Workers in the bottom pay quartile also saw median "real" income gains of 6% since 2019, more than the rest of the income distribution.
"It's true the recent cost-push inflation is lowering real income, hurting households and adding burdens to some smaller firms," Ueda said.
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