The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
August 3, 2015 Real Consumer Spending Flat in June Personal income increased 0.4 percent in June and in May. Wages and salaries rose 0.2 percent in June after rising 0.4 percent in May. Current-dollar disposable personal income (DPI), after-tax income, increased 0.5 percent in June after rising 0.4 percent in May. Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in June after increasing 0.1 percent in May. Real consumer spending (PCE), spending adjusted for price changes, was flat in June after increasing 0.4 percent in May. Spending on durable goods decreased 1.1 percent in June after increasing 1.3 percent in May. PCE prices increased 0.2 percent in June, after increasing 0.3 percent in May. Excluding food and energy, PCE prices increased 0.1 percent in June and in May. Personal saving rate Personal saving as a percent of DPI was 4.8 percent in June and 4.6 percent in May. Apr. May June 0.4% 0.4% 0.4% Currentdollar DPI 0.4% 0.4% 0.5% Real DPI 0.3% 0.1% 0.2% Real PCE 0.2% 0.4% 0.0% PCE Prices 0.0% 0.3% 0.2% Personal Saving Rate 5.0% 4.6% 4.8% Personal Income Annual Revision These estimates reflect the 2015 annual revision of the national income and product accounts, which incorporated new source data and other improvements back to 1976. Percent Change (Monthly Rate) Real Disposable Personal Income and Real Consumer Spending 0.6 0.4 0.2 0.0 -0.2 -0.4 Mar Apr Real Disposable Personal Income May Jun Real Consumer Spending Source: .ureau of Economic Analysis 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 August 28, 2015, the estimates of July personal income and outlays will be released. Contact: Jeannine Aversa 202–606–2649 Bureau of Economic Analysis, U.S. Department of Commerce