This series keeps drifting lower as personal income isn’t keeping up with price increases:
![](https://moslereconomics.com/wp-content/uploads/2022/05/image-4.png)
And the economy itself isn’t growing real personal income the way it did pre-covid:
![](https://moslereconomics.com/wp-content/uploads/2022/05/image-5.png)
Likewise, personal consumption is sluggish:
![](https://moslereconomics.com/wp-content/uploads/2022/05/image-6.png)
People are saving less and less every month:
![](https://moslereconomics.com/wp-content/uploads/2022/05/image-7.png)