Archive for the 'real personal income' Category

Consumer Spending Rises in November

Personal income was unchanged in November after increasing 0.5 percent in October.consumer-spending-chart-dec-22 Wages and salaries, the largest component of personal income, decreased 0.1 percent in November after increasing 0.5 percent in October.

Current-dollar disposable personal income (DPI), after-tax income, was unchanged in November after increasing 0.5 percent in October.

Real DPI, income adjusted for taxes and inflation, decreased 0.1 percent in November after increasing 0.2 percent in October.

Real consumer spending (PCE), spending adjusted for price changes, increased 0.1 percent in November—the same increase as in October. Spending on durable goods decreased 0.1 percent in November after increasing 1.1 percent in October.

PCE prices were unchanged in November after increasing 0.3 percent in October. Excluding food and energy, PCE prices were unchanged in November after increasing 0.1 percent in October.

Personal saving rate
Personal saving as a percent of DPI was 5.5 percent in November and 5.7 percent in October.

For more information, read the full report.

real-disposable-personal-income-dec-22

 

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.

Personal Income Decelerates in February

PCE March 28Personal income increased 0.2 percent in February after increasing 0.5 percent in January. Wages and salaries, the largest component of personal income, decreased 0.1 percent in February after increasing 0.6 percent in January.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.2 percent in February after increasing 0.4 percent in January.

Real DPI, income adjusted for taxes and inflation, increased 0.3 percent in February, the same increase as in January.

Real consumer spending (PCE), spending adjusted for price changes, increased 0.2 percent in February after remaining flat in January. Spending on durable goods increased 0.3 percent in February after decreasing 0.8 percent in January.

PCE prices decreased 0.1 percent in February after increasing 0.1 percent in January. Excluding food and energy, PCE prices increased 0.1 percent in February after increasing 0.3 percent in January.

Personal saving rate
Personal saving as a percent of DPI was 5.4 percent in February and 5.3 percent in January.

Real DPI March28

For more information, read the full report.


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