Archive for the 'Personal Income' Category



Consumer Spending Rises in November

pi1Personal income increased 0.2 percent in November after decreasing 0.1 percent in October. Wages and salaries, the largest component of personal income, rose 0.4 percent after rising 0.1 percent.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.1 percent in November after decreasing 0.2 percent in October.

Real DPI, income adjusted for taxes and inflation, increased 0.1 percent in November after decreasing 0.2 percent in October.

Real consumer spending, spending adjusted for price changes, increased 0.5 percent in November after increasing 0.4 percent in October. Spending on durable goods increased in November as well as October.

PCE prices remained flat in November, the same as in October. Excluding food and energy, PCE prices rose 0.1 percent in November.

pi2Personal saving rate
Personal saving as a percent of DPI was 4.2 percent in November and 4.5 percent in October.

To learn more about personal income and outlays, read the full report.

State Personal Income: Third Quarter 2013

spi_1State personal income growth slowed slightly to 1.1 percent in the third quarter of 2013, from 1.2 percent in the second quarter. Growth slowed in 25 states, accelerated in 22, and was unchanged in 3 states and the District of Columbia. Growth across states ranged from 0.4 percent in New Mexico to 1.9 percent in Mississippi. The national price index for personal consumption expenditures increased 0.5 percent in the third quarter after remaining unchanged in the second quarter.spi_2

For more information on state personal income, see the full report.

Real Consumer Spending Rose in October

PI_1206_1Personal income decreased 0.1 percent in October after increasing 0.5 percent in September. Wages and salaries, the largest component of personal income, rose 0.1 percent after rising 0.4 percent. Proprietors’ income fell 1.4 percent in October due to a decline in farm proprietors’ income after farmers received a one-time payment in September for a settlement of a lawsuit against the Department of Agriculture.

Current-dollar disposable personal income (DPI), after-tax income, decreased 0.2 percent in October after increasing 0.5 percent in September.

Real DPI, income adjusted for taxes and inflation, decreased 0.2 percent in October after rising 0.4 percent in September.

Real consumer spending, spending adjusted for price changes, increased 0.3 percent in October after increasing 0.1 percent in September. Spending on durable goods increased in October after decreasing in September.

PI_1206_2PCE prices were flat in October after rising 0.1 percent in September. Excluding food and energy, PCE prices rose 0.1 percent in October, the same as in September.

Personal saving rate
Personal saving as a percent of DPI was 4.8 percent in October and 5.2 percent in September.

To learn more about personal income and outlays, read the full report.