Tag Archive for ‘personal income’

July Personal Consumption Expenditure Edges Up

Personal income increased by $71.7 billion in July, growing at a seasonally adjusted annual rate of 0.5%, according to the most recent data release from the Bureau of Economic Analysis.  Personal consumption expenditure rose by 0.3%, after a 0.6% increase in June. Disposable personal income – income remaining after deducting personal income taxes – continued its steady growth, and so… Read More ›

Personal Consumption Expenditure Expands

June personal consumption expenditure increased by 0.42% after climbing 0.36% in May and 1.00% in April, according to the most recent data release from the Bureau of Economic Analysis. Personal income rose by $29.3 billion in June, up by 0.2% over last month. Consumption expenditure in second quarter grew at a steady pace, rebounding from a weak first quarter. Meanwhile,… Read More ›

Personal Income Edges Up, Driven by Wages

Personal income increased by $57.4 billion in March, growing at a seasonally adjusted annual rate of 0.4%, according to the most recent data release from the Bureau of Economic Analysis. Personal income growth was mostly driven by the rise in compensation of employees ($34.6 billion) and assets revenue ($12.6 billion). Disposable personal income – income remaining after deducting personal income… Read More ›

Savings Rate Trending Up

Total personal income increased to $15,648 billion, up by 0.3% in December 2015 on a month-over-month basis according to the most current data from the Bureau of Economic Analysis. Personal income growth in 2015 remained strong, with the highest increase (0.64%) in April following a weak or nearly 0% increase in March. Disposable personal income – income remaining after deducting… Read More ›