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October 27, 2023 September 2023 Personal Income and Outlays Historical Comparisons Dollar change from preceding month (in billions): Personal income Disposable personal income (DPI) Personal consumption expenditures (PCE) Personal saving Percent change from preceding month: Personal income DPI PCE Dollar change from preceding month (in billions): DPI PCE Percent change from preceding month: DPI PCE Percent change from preceding month: PCE PCE, excluding food and energy Percent change from month one year ago: PCE PCE, excluding food and energy Personal saving rate Source: U.S. Bureau of Economic Analysis Last period with Sep23 equal value Current dollars 77.8 56.1 138.7 -119.0 --------- --------- Last period with larger value 2023M08 2023M05 2023M07 2023M08 94.0 92.2 149.4 -29.6 Last period with smaller value 2023M07 2023M08 2023M08 2023M07 52.8 51.8 79.8 -160.2 0.3 2023M08 0.3 2023M05 0.7 2023M07 0.4 2023M07 0.5 2023M07 0.8 2023M08 0.2 0.0 0.4 2023M06 2023M07 -6.5 2023M08 92.1 2023M08 -19.1 8.9 -0.1 2023M08 0.4 2022M08 Chain-type price indexes -0.1 2023M06 0.4 2023M07 0.0 2023M07 0.6 2023M08 -0.2 0.1 0.4 2023M08 0.3 2023M05 0.4 2023M01 0.3 2023M02 0.6 2023M07 0.4 2023M08 0.2 0.1 3.4 2023M08 3.4 2023M05 3.7 1991M03 3.7 2023M08 Personal saving as a percentage of DPI 3.4 2022M12 3.4 2023M08 4.0 2023M06 3.8 2021M05 3.2 3.6 4.0 2022M11 3.3 0.3 2023M05 0.3 2023M08 0.7 2022M02 Chained dollars -13.2 --59.4 --- -----