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November 8, 2013 PERSONAL INCOME INCREASES IN SEPTEMBER Personal income rose 0.5 percent in September, the same as in August. Wages and salaries, the largest component of personal income rose 0.4 percent after rising 0.5 percent. Farm proprietors’ income was boosted in September, reflecting the settlement of a class-action discrimination lawsuit against the U. S. Department of Agriculture. Current-dollar disposable personal income (DPI), after-tax income, rose 0.5 percent in September. Real DPI, income adjusted for taxes and inflation, rose 0.4 percent in September. Real consumer spending, spending adjusted for price changes, increased 0.1 percent in September after increasing 0.2 percent in August. Spending on durable goods turned down. PCE prices rose 0.1 percent in September, the same as in August. Excluding food and energy, PCE prices increased 0.1 percent in September, the same as in August. Personal saving rate Personal saving as a percent of DPI was 4.9 percent in September and 4.7 percent in August. Jul. Aug. Sep. Personal Income 0.2% 0.5% 0.5% Currentdollar DPI 0.3% 0.5% 0.5% Real DPI 0.2% 0.4% 0.4% Real PCE 0.0% 0.2% 0.1% PCE Prices 0.1% 0.1% 0.1% 4.7% 4.9% Personal Saving Rate 4.6% Percent change (monthly rate) Real Disposable Personal Income and Real Consumer Spending 0.4 Real Disposable Personal Income 0.2 0.0 Real Consumer Spending -0.2 Jun Jul Aug Sep 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 6, 2013, the October estimates of personal income and outlays will be released. Contact: Jeannine Aversa 202–606–2649 Bureau of Economic Analysis, U.S. Department of Commerce