Capitalytics

**Regression for Real disposable income growth**

	Dependent variable (+/- SE):

	Real disposable income growth

Constant	-49.850 (+/- 13.174)
	p = 0.001^***
Unemployment Rate	9.272 (+/- 0.965)
	p = 0.000^***
Commercial Real Estate Price Index	0.168 (+/- 0.030)
	p = 0.00001^***
20-year Treasury Yield	-41.821 (+/- 5.836)
	p = 0.00000^***
LN_10-year Treasury Yield	91.219 (+/- 11.186)
	p = 0.000^***

Observations	40
R²	0.729
Adjusted R²	0.698
Residual Std. Error	4.923 (df = 35)
F Statistic	23.537^*** (df = 4; 35)

Note:	^p<0.1; ^p<0.05; ^**p<0.01