Posts Tagged 'personal income'



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.

Personal Income Increases in September

pi_11_08_1Personal income rose 0.5 percent in September, the same as in August. Wages and salaries, the largest component of personal income, rose 0.4 percent after rising 0.5 percent. Farm proprietors’ income was boosted in September, reflecting the settlement of a class-action discrimination lawsuit against the U. S. Department of Agriculture.

Current-dollar disposable personal income (DPI), after-tax income, rose 0.5 percent in September.

Real DPI, income adjusted for taxes and inflation, rose 0.4 percent in September.

Real consumer spending, spending adjusted for price changes, increased 0.1 percent in September after increasing 0.2 percent in August. Spending on durable goods turned down.

pi_11_08_2PCE prices rose 0.1 percent in September, the same as in August. Excluding food and energy, PCE prices increased 0.1 percent in September, the same as in August.

Personal saving rate
Personal saving as a percent of DPI was 4.9 percent in September and 4.7 percent in August.

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

Personal Income Increases in August

pi_0927Personal income increased 0.4 percent in August after increasing 0.2 percent in July. Wages and salaries, the largest component of personal income, increased 0.4 percent in August after decreasing 0.3 percent in July. Government wages were reduced in August and in July due to furloughs.

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

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

Real consumer spending, spending adjusted for price changes, increased 0.2 percent in August after increasing 0.1 percent in July. Spending on durable goods and services increased.

PCE prices increased 0.1 percent in August, the same increase as in July. Excluding food and energy, PCE prices increased 0.2 percent in August, compared to an increase of 0.1 percent in July.

Personal saving rate
Personal saving as a percent of DPI was 4.6 percent in August and 4.5 percent in July.pi_0927_2

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