Archive for the 'Consumer Spending' Category

Real Consumer Spending Rises in May

June_25 thursdayPersonal income increased 0.5 percent in May, the same increase as in April. Wages and salaries, the largest component of  personal income, rose 0.5 percent in May after rising 0.3 percent in April.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.5 percent in May after rising 0.4 percent in April.

Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in May after increasing 0.4 percent April.

Real consumer spending (PCE), spending adjusted for price changes, increased 0.6 percent in May after remaining flat in April. Spending on durable goods increased 2.3 percent in May after decreasing 0.1 percent in April.

PCE prices increased 0.3 percent in May, after remaining flat in April. Excluding food and energy, PCE prices increased 0.1 percent in May, the same increase as in April.

Personal saving rate
Personal saving as a percent of DPI was 5.1 percent in May and 5.4 percent in April.Real DPI June 25For more information, read the full report.

Real Disposable Income Rises In January

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Personal income rose 0.3 percent in January, the same increase as in December. Wages and salaries, the largest component of personal income, rose 0.6 percent in January after rising 0.1 percent in December.

Current-dollar disposable personal income (DPI), after-tax income, rose 0.4 percent in January after rising 0.3 percent in December.

Real DPI, income adjusted for taxes and inflation, increased 0.9 percent in January after increasing 0.5 percent in December.

Real consumer spending (PCE), spending adjusted for price changes, increased 0.3 percent in January after decreasing 0.1 percent in December. Spending on durable goods increased 0.2 percent in January after decreasing 1.0 percent in December.

PCE prices decreased 0.5 percent in January after decreasing 0.2 percent in December. Excluding food and energy, PCE prices increased 0.1 percent in January after increasing less than 0.1 percent in December.

Personal saving rate
Personal saving as a percent of DPI was 5.5 percent in January and 5.0 percent in December.

For more, see the full report.

PI2

Real Consumer Spending Rose in November

pi1Personal income rose 0.4 percent in November after rising 0.3 percent in October. Wages and salaries, the largest component of personal income, rose 0.5 percent in November after rising 0.3 percent in October.

Current-dollar disposable personal income (DPI), after-tax income, rose 0.3 percent in November, the same increase as in October.

Real DPI, income adjusted for taxes and inflation, increased 0.5 percent in November after increasing 0.3 percent in October.

Real consumer spending, spending adjusted for price changes, increased 0.7 percent in November after increasing 0.2 percent in October. Spending on durable goods increased 2.3 percent in November after increasing 0.4 percent in October. Purchases of motor vehicles and parts accounted for about half of the increase in November.

PCE prices decreased 0.2 percent in November after remaining flat in October. Excluding food and energy, PCE prices remained flat in November after increasing 0.2 percent in October.

Personal saving rate
Personal saving as a percent of DPI was 4.4 percent in November and 4.6 percent in October.

For more, see the full report.pi2