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Show 211.9 BILLION U. S. Personal Income Still on Elevator. Everybody works. Everybody makes money. That is the theme song of the American people who are, nevertheless, twisting and turning in the clutches of an intolerable in-tolerable condition of inflation. But the money keeps on rolling in. Personal income hit a historic high rate of 211.9 billion dollars in June, the commerce department has reported. That figure is 2.5 billion dollars above the total personal per-sonal income for May. Responsible for the large May-to-June increase were the absence of major strikes, impact of third-round third-round wage boosts in durable goods industries and higher prices received re-ceived by farmers for livestock, the department of commerce said. Wage and salary payments jumped 2.3 billion dollars in June. |