Posts Tagged 'consumer spending'

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 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

Real Consumer Spending Increases in October

Consumer Spending Nov26Personal income rose 0.2 percent in October, the same increase as in September. Wages and salaries, the largest component of personal  income, rose 0.3 percent in October after rising 0.2 percent in September.

Current-dollar disposable personal income (DPI), after-tax income, rose 0.2 percent in October after rising 0.1 percent in September.

Real DPI, income adjusted for taxes and inflation, increased 0.1 percent in October, the same increase as in September.

Real consumer spending, spending adjusted for price changes, increased 0.2 percent in October after remaining flat in September. Spending on nondurable goods increased 0.5 percent in October after decreasing 0.3 percent in September.

PCE prices increased 0.1 percent in October, the same increase as in September. Excluding food and energy, PCE prices increased 0.2 percent in October after increasing 0.1 percent in September.

Personal saving rate
Personal saving as a percent of DPI was 5.0 percent in October, the same as in September.

Read the full report.

Real Consumer Spending Nov26