Real Disposable Personal Income Rises in October

Personal income increased 0.4 percent in October, the samePersonal Income Chart Nov 30 increase as in September. Wages and salaries, the largest component of personal income, increased 0.3 percent in
October after increasing 0.5 percent in September.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.5 percent in October after increasing 0.4 percent in September.

Real DPI, income adjusted for taxes and inflation, increased 0.3 percent in October after showing no change in September.

Real consumer spending (PCE), spending adjusted for price changes, increased 0.1 percent in October after increasing 0.5 percent in September. Spending on durable goods decreased 0.1 percent in October after increasing 3.1 percent in September.

PCE prices increased 0.1 percent in October after increasing 0.4 percent in September. Excluding food and energy, PCE prices increased 0.2 percent in October, the same increase as in September.

Personal saving rate
Personal saving as a percent of DPI was 3.2 percent in October and 3.0 percent in September.

For more information, read the full report.

Personal Income Graph Nov 30

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