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November 25, 2015

Personal Income Increases in October

Aug.

Sep.

0.4%

0.2%

0.4%

Currentdollar DPI

0.4%

0.2%

0.4%

Real DPI, income adjusted for taxes and inflation,
increased 0.4 percent in October after increasing
0.3 percent in September.

Real DPI

0.4%

0.3%

0.4%

Real consumer spending (PCE), spending adjusted for
price changes, increased 0.1 percent in October, the same
increase as in September.

Real PCE

0.3%

0.1%

0.1%

PCE Prices

0.0%

–0.1%

0.1%

Personal
Saving
Rate

5.2%

5.3%

5.6%

Personal income increased 0.4 percent in October, after
increasing 0.2 percent in September. Wages and salaries,
the largest component of personal income increased 0.6
percent in October after remaining flat in September.

Personal
Income

Current-dollar disposable personal income (DPI),
after-tax income, increased 0.4 percent in October after
increasing 0.2 percent in September.

PCE prices increased 0.1 percent in October after
decreasing 0.1 percent in September. Excluding food and
energy, PCE prices remained flat in October after
increasing 0.2 percent in September.
Personal saving rate
Personal saving as a percent of DPI was 5.6 percent in
October and 5.3 percent in September.

Oct.

Percent Change (Monthly Rate)

Real Disposable Personal Income and
Real Consumer Spending
0.6
0.4
0.2
0.0
-0.2
-0.4

Jul

Aug

Real Disposable Personal Income

Sep

Oct

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 December 23, 2015, the estimates of November Personal Income and Outlays will be released.
Contact: Jeannine Aversa 202–606–2649

Bureau of Economic Analysis, U.S. Department of Commerce