The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

PERSONAL INCOME AND OUTLAYS Definition & Legal Meaning

Definition & Citations:

A group of different points of data, that is used to estimate the health of the economy of the consumer sector of the United States. Useful for comparing all of the income generated via any source, within the United States with the total amount spent in purchasing goods and services.

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