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December 23, 2015 Real PCE Increases In November Personal income increased 0.3 percent in November after increasing 0.4 percent in October. Wages and salaries, the largest component of personal income, increased 0.5 percent in November after increasing 0.6 percent in October. Personal Income Sept. Oct. Nov. 0.2% 0.4% 0.3% Current-dollar disposable personal income (DPI), after-tax income, increased 0.3 percent in November after increasing 0.4 percent in October. Currentdollar DPI 0.2% 0.4% 0.3% Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in November after increasing 0.3 percent in October. Real DPI 0.3% 0.3% 0.2% Real consumer spending (PCE), spending adjusted for price changes, increased 0.3 percent in November after remaining flat in October. Real PCE 0.2% 0.0% 0.3% PCE Prices –0.1% 0.1% 0.0% Personal Saving Rate 5.2% 5.6% 5.5% PCE prices remained flat in November after increasing 0.1 percent in October. Excluding food and energy, PCE prices increased 0.1 percent in November after remaining flat in October. Personal saving rate Personal saving as a percent of DPI was 5.5 percent in November and 5.6 percent in October. 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 1, 2016, the estimates of December Personal Income and Outlays will be released. Contact: Jeannine Aversa 202–606–2649 Bureau of Economic Analysis, U.S. Department of Commerce
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