Lack of real income growth and falling interest rates over a generation have led to more borrowing, which points to a world of trouble tomorrow. (canadianbusiness.com)
Real income growth moderated in the second quarter as the pace of job gains slowed and the inflation rate rose, boosted by somewhat higher energy prices. (newyorkfed.org)
Housing looks strong enough to weather moderately rising rates, but we need real income growth to support home buyer demand.» (homebuyinginstitute.com)