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Fishkind Conversations: Income's Up, Spending's Down

Hank Fishkind. Photo: Matthew Peddie, WMFE
Hank Fishkind. Photo: Matthew Peddie, WMFE

A new report shows the child tax credit helped raise personal income by more than one percent, but consumer spending dipped.

Economic analyst Dr. Hank Fishkind breaks down the surprising data for WMFE’s Nicole Darden Creston and explains what’s happening, and why.

Nicole came to Central Florida to attend Rollins College and started working for Orlando’s ABC News Radio affiliate shortly after graduation. She joined WMFE in 2010. As a field reporter, news anchor and radio show host in the City Beautiful, she has covered everything from local arts to national elections, from extraordinary hurricanes to historic space flights, from the people and procedures of Florida’s justice system to the changing face of the state’s economy.