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Wednesday November 24, 2010 PERSONAL INCOME RISES IN OCTOBER Aug. Sept. Oct. 0.5% 0.0% 0.5% Currentdollar DPI 0.5% –0.1% 0.4% Real DPI 0.3% –0.2% 0.3% Real consumer spending, spending adjusted for price changes, increased 0.3 percent in October following a 0.2 percent increase in September. Real PCE 0.3% 0.2% 0.3% PCE prices increased 0.2 percent in October and 0.1 percent in September. Excluding food and energy, the PCE price index was flat in October. PCE Prices 0.2% Personal saving rate Personal saving as a percent of disposable personal income was 5.7 percent in October, compared with 5.6 percent in September. Personal Saving Rate Personal income increased 0.5 percent in October after remaining flat in September. Wages and salaries, the largest component of personal income, increased 0.6 percent in October, after a 0.1 percent increase in September. Current-dollar disposable personal income (DPI) increased 0.4 percent in October after decreasing 0.1 percent in September. Real DPI, income adjusted for inflation and taxes, rose 0.3 percent in October after falling 0.2 percent in September. Personal Income 5.9% 0.1% 5.6% 0.2% 5.7% 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 Jul Aug Sep Oct 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 December 23, 2010, the November estimates of personal income and outlays will be released. Contact: Ralph Stewart 202–606–2649 Bureau of Economic Analysis, U.S. Department of Commerce