April 9 (UPI) -- Personal incomes in the United States fell by $18.2 billion in February as inflation maintained a seasonally adjusted rate of 3%, the U.S. Bureau of Economic Analysis reported Thursday.
The decrease in personal income is about a 0.1% drop in spending power. Disposable income also fell at the same rate.
Thursday's report was delayed more than a week due to the 43-day government shutdown in October and November.
The BEA noted that the decrease in personal income reflects "decreases in personal dividend income and personal current transfer receipts." This means people received less money from investments and benefits packages in February.
People also spent $106.5 billion more on interest and transfer payments.
