real income

(redirected from Real Incomes)
Also found in: Financial.

real income

or

real wages

the value of the goods and services that can actually be bought with a given money income or given money wages. Thus while money wages may rise, real wages – measured in terms of the RETAIL PRICE INDEX – may fall, or vice versa, unless adjustments are constantly made to keep real incomes in line with inflation. The general tendency in Western economies has been on average for real wages to rise ahead of INFLATION, bringing numerous consequences, variously seen as benign or malign. However, the opposite tendency has also sometimes occurred, at least for some groups, with real wages failing to rise with inflation, leading to a real decline in living standards.
References in periodicals archive ?
Real incomes of the bottom 20 percent of Filipinos grew much faster than the rest of the population and unemployment among the poor dropped.
The highest rates of growth in real incomes of the population recorded in Mangystau region and in the city of Astana.
Employees have seen their real incomes reduced, but more people are in work as a result.
The problem is that of low wages and falling real incomes for working class families, the Government is silent on this critical point.
Researchers attributed the change to rising real incomes and declines in the real values of federal and state alcohol taxes.
However, the figures show that the rate at which real incomes are falling has slowed to a near 30-month low, giving some hope for consumer spending in the months ahead.
2% YoY in September, which translated into a weak growth in real incomes, which were up only 2.
Sales volumes fell at a pace not seen in over a year, as consumers have continued to see their real incomes squeezed.
concluded that "Flat or declining fees from both public and private payers appear to be a major factor underlying declining real incomes for physicians.
The major driver of this drop in real incomes is flat or declining payments from both Medicare and Medicaid, and from private payers, according to the HSC analysis.