Posts Tagged 'personal income'



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.

Personal Income Slows in July

pi1_aug30Personal income increased 0.1 percent in July after increasing 0.3 percent in June. Wages and salaries, the largest component of personal income, decreased 0.3 percent in July after increasing 0.4 percent in June. Government wages were reduced in July due to furloughs.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.2 percent in July, the same increase as in June.

Real DPI, income adjusted for taxes and inflation, increased 0.1 percent in July after falling 0.2 percent in June.

Real consumer spending, spending adjusted for price changes, remained flat in July after increasing 0.2 percent in June. Spending on durable goods slowed.

PCE prices increased 0.1 percent in July after increasing 0.4 percent in June. Excluding food and energy, PCE prices increased 0.1 percent in July, compared to an increase of 0.2 percent in June.

Personal saving rate
Personal saving as a percent of DPI was 4.4 percent in July, the same as in June.

pi2_aug30To learn more about personal income and outlays, read the full report.

Personal Income Increases in June

again_pi_june1Personal income increased 0.3 percent in June after increasing 0.4 percent in May. Wages and salaries, the largest component of personal income, increased 0.5 percent in June after increasing 0.3 percent in May.

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

Real DPI, income adjusted for taxes and inflation, fell 0.1 percent in June after rising 0.2 percent in May.

Real consumer spending, spending adjusted for price changes, rose 0.1 percent in June, the same as in May.

PCE prices increased 0.4 percent in June after increasing 0.1 percent in May. Excluding food and energy, PCE prices increased 0.2 percent in June, compared to an increase of 0.1 percent in May.

Personal saving rate
Personal saving as a percent of DPI was 4.4 percent in June, compared with 4.6 percent in May.

Comprehensive revision
These estimates reflect the 2013 comprehensive revision of the national income and products accounts, which incorporated new source data and other improvements.

To learn more about personal income and outlays, read the full report.pi_june2