Archive for the 'Personal Income' Category



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.

Consumer Spending on Durable Goods Rises in June

Durable Goods Aug 2Personal income increased 0.2 percent in June, the same increase as in May. Wages and salaries, the largest component of personal income, increased 0.3 percent in June after increasing 0.2 percent in May.

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

Real DPI, income adjusted for taxes and inflation, increased 0.1 percent in June after remaining flat in May.

Real consumer spending (PCE), spending adjusted for price changes, increased 0.3 percent in June after increasing 0.2 percent in May. Spending on durable goods increased 0.4 percent in June after decreasing 0.1 percent in May.

PCE prices increased 0.1 percent in June after increasing 0.2 percent in May. Excluding food and energy, PCE prices increased 0.1 percent in June after increasing 0.2 percent in May.

Personal saving rate
Personal saving as a percent of DPI was 5.3 percent in June and 5.5 percent in May.

Real DPI and Real Consumer Spending Aug 2

For more information, read the full report.


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