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Monday, January 31, 2011 PERSONAL INCOME RISES IN DECEMBER Personal income increased 0.4 percent in December after increasing the same percent in November. Wages and salaries, the largest component of personal income, increased 0.3 percent in December, after a 0.1 percent increase in November. Oct. Nov. 0.5% 0.4% 0.4% Currentdollar DPI 0.4% 0.3% 0.4% Real DPI, income adjusted for inflation and taxes, rose 0.1 percent in December after increasing 0.2 percent in November. Real DPI 0.2% 0.2% 0.1% Real consumer spending, spending adjusted for price changes, increased 0.4 percent in December following a 0.2 percent increase in November. Real PCE 0.5% PCE prices increased 0.3 percent in December and 0.1 percent in November. Excluding food and energy, the PCE price index was flat in December. PCE Prices 0.2% Personal saving rate Personal saving as a percent of disposable personal income was 5.3 percent in December, compared with 5.5 percent in November. Personal Saving Rate Current-dollar disposable personal income (DPI) increased 0.4 percent in December after increasing 0.3 percent in November. Personal Income 5.5% 0.2% 0.1% 5.5% Dec. 0.4% 0.3% 5.3% Real Disposable Personal Income and Real Consumer Spending Percent change (monthly) 1.0 0.5 Real Disposable Personal Income 0.0 -0.5 Real Consumer Spending -1.0 Sep Oct Nov Dec BEA data—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 on the BEA Web site: www.bea.gov. E-mail alerts are also available. NOTE: On February 28, 2011, the January estimates of personal income and outlays will be released. Contact: Ralph Stewart 202–606–2649 Bureau of Economic Analysis, U.S. Department of Commerce
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