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Friday, December 20, 2019 Contact: Jeannine Aversa, (301) 278-9003 Personal Income and Outlays, November 2019 Sept. Oct. Nov. Personal Income 0.3% 0.1% 0.5% Current-dollar disposable personal income (DPI), after-tax income, increased 0.5 percent in November after showing no change in October. Currentdollar DPI 0.4% 0.0% 0.5% Real disposable personal income (DPI), adjusted for taxes and inflation, increased 0.4 percent in November after decreasing 0.2 percent in October. Real DPI 0.4% –0.2% 0.4% Personal income increased 0.5 percent in November after increasing 0.1 percent in October. Wages and salaries, the largest component of personal income, increased 0.4 percent in November after increasing 0.5 percent in October. Real consumer spending (PCE), adjusted for price changes, increased 0.3 percent in November after increasing 0.1 percent in October. Spending on goods increased 0.5 percent in November after decreasing 0.2 percent in October, while spending on services increased 0.2 percent in November, the same increase as in October. Real PCE 0.2% 0.1% 0.3% PCE prices increased 0.2 percent in November, the same increase as in October. Excluding food and energy, PCE prices increased 0.1 percent in November and in October. PCE Prices 0.0% 0.2% 0.2% Personal saving rate Personal saving as a percent of DPI was 7.9 percent in November and 7.8 percent in October. Personal Saving Rate 8.1% 7.8% 7.9% Percent Change (Monthly Rate) Real Disposable Personal Income and Real Consumer Spending 0.6 0.4 0.2 0.0 -0.2 Aug. Sept. Real Disposable Personal Income Oct. Nov. 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 January 31, 2020, December estimates of Personal Income and Outlays will be released.
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