Posts Tagged 'consumer spending'

Real Consumer Spending Picks Up In June

PItable_8_1_14Personal income rose 0.4 percent in June and in May. Wages and salaries rose 0.4 percent in June and in May.

Current-dollar disposable personal income (DPI), after-tax income, rose 0.4 percent in June and in May.

Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in June and in May.

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

PCE prices rose 0.2 percent in June after rising 0.3 percent in May. Excluding food and energy, PCE prices rose 0.1 percent in June after rising 0.2 percent in May.

Personal saving rate
Personal saving as a percent of DPI was 5.3 percent in June and in May.

Annual revision
These estimates reflect the 2014 annual revision of the national income and product accounts, which incorporated new source data and other improvements back to 1999.

PIchart_8_1_14

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Real Consumer Spending Falls in April

PI_5_30_14Personal income increased 0.3 percent in April after increasing 0.5 percent in March. Wages and salaries, the largest component of personal income, increased 0.2 percent after increasing 0.6 percent.

Current-dollar disposable personal income (DPI),
after-tax income, increased 0.3 percent in April after increasing 0.5 percent in March.

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

Real consumer spending, spending adjusted for price changes, decreased 0.3 percent in April after increasing 0.8 percent in March. Spending on durable goods decreased 0.5 percent after increasing 3.7 percent.

PCE prices increased 0.2 percent in April, the same as in March. Excluding food and energy, PCE prices rose 0.2 percent in April, the same as in March.

Personal saving rate
Personal saving as a percent of DPI was 4.0 percent in April and 3.6 percent in March.

Read the full report.

PI_Chart_5_30_14

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