Real PCE Increases in November

Personal income increased 0.3 percent in November after increasing 0.4 percent in October. Wages and salaries, Personal Income chart 1223the largest component of personal income, increased 0.5 percent in November after increasing 0.6 percent in October.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.3 percent in November after increasing 0.4 percent in October.

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

Real consumer spending (PCE), spending adjusted for price changes, increased 0.3 percent in November after remaining flat in October.

PCE prices remained flat in November after increasing 0.1 percent in October. Excluding food and energy, PCE prices increased 0.1 percent in November after remaining flat in October.

Personal saving rate
Personal saving as a percent of DPI was 5.5 percent in November and 5.6 percent in October.

Real DPI 1223


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