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October 30, 2015 Real Consumer Spending Increases in September July Aug. 0.4% 0.4% 0.1% Currentdollar DPI 0.5% 0.4% 0.1% Real DPI 0.4% 0.4% 0.2% Real PCE 0.2% 0.4% 0.2% PCE Prices 0.1% 0.0% –0.1% Personal Saving Rate 4.7% 4.7% 4.8% Personal income increased 0.1 percent in September, after increasing 0.4 percent in August. Wages and salaries, the largest component of personal income, remained flat in September after rising 0.5 percent in August. Personal Income Current-dollar disposable personal income (DPI), after-tax income, increased 0.1 percent in September after increasing 0.4 percent in August. Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in September after increasing 0.4 percent in August. Real consumer spending (PCE), spending adjusted for price changes, increased 0.2 percent in September after increasing 0.4 percent in August. Spending on nondurable goods decreased 0.3 percent in September after increasing 0.3 percent in August. PCE prices decreased 0.1 percent in September, after remaining flat in August. Excluding food and energy, PCE prices increased 0.1 percent in September, the same increase as in August. Sep. Personal saving rate Personal saving as a percent of DPI was 4.8 percent in September and 4.7 percent in August. Percent Change (Monthly Rate) Real Disposable Personal Income and Real Consumer Spending 0.6 0.4 0.2 0.0 -0.2 -0.4 Jun Jul Real Disposable Personal Income Aug Sep 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 November 25, 2015, the estimates of October personal income and outlays will be released. Contact: Jeannine Aversa 202–606–2649 Bureau of Economic Analysis, U.S. Department of Commerce