Archive for the 'Personal Income' Category

Personal Saving Increases in February

pi-blog-feb-tablePersonal income increased 0.4 percent in February, the same increase as in January. Wages and salaries, the largest component of personal income, increased 0.5 percent in February after increasing 0.6 percent in January.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.4 percent in February after increasing 1.0 percent in January.

Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in February after increasing 0.6 percent in January.

Real consumer spending (PCE), spending adjusted for price changes, was unchanged in February after decreasing 0.2 percent in January. Spending on durable goods increased 0.6 percent in February after decreasing 1.6 percent in January.

PCE prices increased 0.2 percent in February after increasing 0.4 percent in January. Excluding food and energy, PCE prices increased 0.2 percent in February after increasing 0.3 percent in January.

Personal saving rate
Personal saving as a percent of DPI was 3.4 percent in February after 3.2 percent in January.

For more information, read the full report.

pi-blog-feb

Disposable Personal Income Rises in January

pi-jan-2018Personal income increased 0.4 percent in January, the same increase as in December. Wages and salaries, the largest component of personal income, increased 0.5 percent in January after increasing 0.4 percent in December.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.9 percent in January after increasing 0.4 percent in December.

Real DPI, income adjusted for taxes and inflation, increased 0.6 percent in January after increasing 0.2 percent in December.

Real consumer spending (PCE), spending adjusted for price changes, decreased 0.1 percent in January after increasing 0.2 percent in December. Spending on durable goods decreased 1.6 percent in January after increasing 0.6 percent in December.

PCE prices increased 0.4 percent in January after increasing 0.1 percent in December. Excluding food and energy, PCE prices increased 0.3 percent in January after increasing 0.2 percent in December.

Personal saving rate
Personal saving as a percent of DPI was 3.2 percent in January after 2.5 percent in December.

For more information, read the full report.

pi-jan-2018-chart

Local Area Personal Income: 2016

Personal income grew in 2016 in 2,285 counties, fell in 795, and was unchanged in 33. On average, personal income rose 2.5 percent in 2016 in the metropolitan portion of the United States and rose 1.0 percent in the nonmetropolitan portion. Personal income growth in 2016 ranged from -40.8 percent in Kenedy County, Texas to 27.1 percent in Tillman County, Oklahoma.

Personal Income Nov 16

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 2016, it ranged from $16,267 in Wheeler County, Georgia to $199,635 in Teton County, Wyoming.

For more information, read the full report.


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