Both personal income and disposable income increased 0.3 percent in March, while consumption expenditures (PCE) increased 0.4 percent. The personal savings rate slipped from 3.3 to 3.1 percent.
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Monday, April 30, 2018
March personal income up 0.3 percent, spending up 0.4 percent and personal savings rate dipped to 3.1 percent
Thursday, November 30, 2017
Personal income and spending both rose in October, PCE price index up 1.6 percent year-on-year
In October, personal income increased 0.4 percent, disposable personal income (DPI) increased 0.5 percent and personal consumption expenditures (PCE) increased 0.3 percent. The PCE price index increased 0.1 percent, and is up 1.6 percent year-on-year. Excluding food and energy, the PCE price index increased 0.2 percent, and is up 1.4 percent year-on-year.
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Labels: disposable income, inflation, PCE price index, personal income
Monday, October 30, 2017
Personal income up 0.4 percent in September while spending spiked up 1.0 percent
Both personal income and disposable income increased 0.4 percent in September, while personal consumption expenditures (PCE) increased by a much sharper 1.0 percent. The August and September estimates of personal income and outlays reflect the effects of Hurricanes Harvey and Irma. Partly as a result, the personal savings rate slipped to 3.1 percent, down from 3.6 percent in August and the lowest rate since December 2007, at the beginning of the Great Recession.
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