The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Friday, March 29, 2019 Contact: Jeannine Aversa, (301)278-9003 Personal Income Increases in February Personal income increased 0.2 percent in February after decreasing 0.1 percent in January. Wages and salaries, the largest component of personal income, increased 0.3 percent in February, the same increase as in January. Current-dollar disposable personal income (DPI), after-tax income, increased 0.2 percent in February after decreasing 0.2 percent in January. Dec. Jan. Feb.* Personal Income 1.0% –0.1% 0.2% Currentdollar DPI 1.1% –0.2% 0.2% Real DPI 1.0% –0.2% ---- Real PCE –0.6% 0.1% ---- 0.1% –0.1% ---- 7.7% 7.5% ---- Real DPI, income adjusted for taxes and inflation, decreased 0.2 percent in January after increasing 1.0 percent in December. Real consumer spending (PCE), spending adjusted for price changes, increased 0.1 percent in January after decreasing 0.6 percent in December. Spending on durable goods decreased 1.6 percent in January after decreasing 2.9 percent in December. PCE prices decreased 0.1 percent in January after increasing 0.1 percent in December. Excluding food and energy, PCE prices increased 0.1 percent in January after increasing 0.2 percent in December. Personal saving rate Personal saving as a percent of DPI was 7.5 percent in January and 7.7 percent in December. *Selected estimates for February will be available with the April 29, 2019 Personal Income & Outlays release. PCE Prices Personal Saving Rate Percent Change (Monthly Rate) Real Disposable Personal Income and Real Consumer Spending 1.0 0.8 0.6 0.4 0.2 0.0 -0.2 -0.4 -0.6 Oct. Nov. Real Disposable Personal Income Dec. Jan. Real Consum er Spending Source: Bureau of Economic Analysis BEA statistics—including GDP, personal income, the balance of payments, foreign direct investment, the input-output accounts, and economic data for states, local areas, and industries—are available at www.bea.gov. E-mail alerts are also available. NOTE: On April 29, 2019, March estimates of Personal Income and Outlays will be released.
@FedFRASER