Posts Tagged 'consumer spending'

Real Consumer Spending Rises in February

PersInc_Feb_2014Personal income increased 0.3 percent in February, the same as in January. Wages and salaries, the largest component of personal income, increased 0.2 percent after increasing 0.3 percent.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.3 percent in February, the same as in January.

Real DPI, income adjusted for taxes and inflation, increased 0.3 percent in February after increasing 0.2 percent in January.

Real consumer spending, spending adjusted for price changes, increased 0.2 percent in February after increasing 0.1 percent in January. Spending on nondurable goods increased 0.3 percent after decreasing 0.9 percent.

PCE prices increased 0.1 percent in February, the same increase as in January. Excluding food and energy, PCE prices rose 0.1 percent in February.

Personal saving as a percent of DPI–the personal saving rate–was 4.3 percent in February and 4.2 percent in January.

Read the full report.

PersInc_Feb_2014_Chart

Consumer Spending Turns Up in May

Personal income increased 0.5 percent in May after increasing 0.1 percent in April. Wages and salaries, the largest component of personal income, increased 0.3 percent in May after increasing 0.1 percent in April. Services industries’ payrolls accelerated. Good industries’ payrolls turned up.62713 1

Current-dollar disposable personal income (DPI),after-tax income, increased 0.5 percent in May after increasing 0.1 percent in April.

Real DPI, income adjusted for taxes and inflation, increased 0.4 percent in May after increasing 0.3 percent in April.

Real consumer spending, spending adjusted for price changes, rose 0.2 percent in May after falling 0.1 percent in April. Spending on nondurable goods increased 0.5 percent in May after falling 0.3 pe≈rcent in April.

PCE prices increased 0.1 percent in May after decreasing 0.3 percent in April. Excluding food and energy, PCE prices increased 0.1 percent in May after remaining flat in April.
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Personal saving rate
Personal saving as a percent of DPI was 3.2 percent in May, compared with 3.0 percent in April.

For more on Consumer Spending, see the full report.

Real Consumer Spending Picks Up in April

Personal income increased 0.2 percent in April after increasing 0.4 percent in March.

Current-dollar disposable personal income (DPI)—after-tax income—increased 0.2 percent in April after increasing 0.4 percent in March.

Real DPI—income adjusted for taxes and inflation—increased 0.2 percent in April, the same increase as in March.

Real consumer spending—spending adjusted for price changes—rose 0.3 percent in April after being flat in March.

Spending picked up on both goods and services.

Prices increased less than 0.1 percent in April after increasing 0.2 percent in March. Excluding food and energy, prices increased 0.1 percent in April after increasing 0.2 percent in March.

Personal saving as a percent of DPI was 3.4 percent in April, compared with 3.5 percent in March.

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