Archive for the 'Personal Income' Category

Local Area Personal Income: 2015

Personal income grew in 2015 in 2,552 counties, fell in 548, and was unchanged in 13. On average, personal income rose 4.7 percent in 2015 in the metropolitan portion of the United States and rose 2.7 percent in the nonmetropolitan portion. Personal income growth in 2015 ranged from -30.3 percent in Sully County, South Dakota to 35.0 percent in Loving County, Texas.

personal-income-for-counties-nov-17

Per capita personal income—personal income divided by population—is a useful metric for making comparisons of the level of personal income across counties. In 2015, it ranged from $16,007 in Wheeler County, Georgia to $194,861 in Teton County, Wyoming.

For more information, read the full report.

State Personal Income, Second Quarter 2016

State personal income growth accelerated to 1.0 percent on average in the second quarter of 2016 from 0.3 percent in the first quarter. Personal income grew in every state in the second-quarter with growth rates ranging from 0.4 percent in Alaska to 1.4 percent in Utah.

personal-income-percent-change-sept-28

q2-2016-sept-28

For more information, read the full report.

Spending on Durable Goods Rises in July

Personal income increased 0.4 percent in July after increasing 0.3 percent in June. WagesChart Aug 29 and salaries, the largest component of personal income, increased 0.5 percent in July, the same increase as in June.

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

Real DPI, income adjusted for taxes and inflation, increased 0.4 percent in July after increasing 0.2 percent in June.

Real consumer spending (PCE), spending adjusted for price changes, increased 0.3 percent in July after increasing 0.4 percent in June. Spending on durable goods increased 1.9 percent in July after increasing 0.9 percent in June.

PCE prices remained flat in July after increasing 0.1 percent in June. Excluding food and energy, PCE prices increased 0.1 percent in July, the same increase as in June.

Personal saving rate
Personal saving as a percent of DPI was 5.7 percent in July and 5.5 percent in June.

Real DPI Aug 29

For more information, read the full report.


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