The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Wednesday, November 23, 2011 PERSONAL INCOME RISES IN OCTOBER Personal income increased 0.4 percent in October after increasing 0.1 percent in September. Wages and salaries increased 0.5 percent after increasing 0.4 percent. In October, both personal interest income and Medicaid benefits turned up. Current-dollar disposable personal income (DPI), after-tax income, increased 0.3 percent in October following an increase of 0.1 percent in September. Aug. Sep. Oct. Personal Income –0.1% 0.1% 0.4% Currentdollar DPI –0.1% 0.1% 0.3% Real DPI –0.4% –0.1% 0.3% Real PCE –0.1% 0.5% 0.1% PCE Prices 0.3% 0.2% –0.1% 3.3% 3.5% Real DPI, income adjusted for taxes and inflation, increased 0.3 percent in October after decreasing 0.1 percent in September. Real consumer spending, spending adjusted for price changes, increased 0.1 percent in October after increasing 0.5 percent in September. Spending on durable goods increased 0.9 percent after increasing 3.3 percent. PCE prices decreased 0.1 percent in October after increasing 0.2 percent in September. Excluding food and energy, the PCE price index increased 0.1 percent in October after remaining flat in September. Personal saving rate Personal saving as a percent of DPI was 3.5 percent in October, compared with 3.3 percent in September. Personal Saving Rate 3.9% 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, 2011, 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
@FedFRASER