The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Thursday, August 30, 2018 Contact: Jeannine Aversa, (301)278-9003 Personal Income Rises in July Personal income increased 0.3 percent in July after increasing 0.4 percent in June. Wages and salaries, the largest component of personal income, increased 0.4 percent in July, the same increase as in June. May June July Personal Income 0.3% 0.4% 0.3% Currentdollar DPI 0.4% 0.4% 0.3% Real DPI 0.2% 0.3% 0.2% Real PCE 0.3% 0.3% 0.2% PCE prices increased 0.1 percent in July, the same increase as in June. Excluding food and energy, PCE prices increased 0.2 percent in July after increasing 0.1 percent in June. PCE Prices 0.2% 0.1% 0.1% Personal saving rate Personal saving as a percent of DPI was 6.7 percent in July and 6.8 percent in June. Personal Saving Rate 6.8% 6.8% 6.7% Current-dollar disposable personal income (DPI), after-tax income, increased 0.3 percent in July after increasing 0.4 percent in June. Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in July after increasing 0.3 percent in June. Real consumer spending (PCE), spending adjusted for price changes, increased 0.2 percent in July after increasing 0.3 percent in June. Spending on durable goods decreased 0.5 percent in July after increasing 0.2 percent in June. Percent Change (Monthly Rate) Real Disposable Personal Income and Real Consumer Spending 0.4 0.2 0.0 -0.2 Apr. May Real Disposable Personal Income June July 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 September 28, 2018 the August estimates of Personal Income and Outlays will be released.
@FedFRASER