US Data: Personal Income and Disposition - Level Changes>

Release for:  October 2017

Source: U.S. Department of Commerce

Level change from previous month, billions of U.S. dollars

                                            Jun-17  Jul-17  Aug-17  Sep-17  Oct-17

Personal income                               -3.2    53.1    36.8    69.0    65.1

Compensation                                  35.4    47.3    11.9    43.6    30.5

   Wages and salaries                         30.1    41.6     8.3    37.9    26.0

     Private industries                       26.3    40.1     4.4    33.8    22.9

       Goods-producing                         7.2     7.7    -4.1    13.0     2.0

         Manufacturing                         2.3     5.2    -2.2     4.0     4.5

       Services-producing                     19.1    32.4     8.6    20.7    20.9

         Trade, transportation, and            0.0     0.0     0.0     0.0     0.0

          utilities                            4.0     6.1    -2.2     4.6     2.9

         Other services-producing

          industries                          15.0    26.4    10.8    16.1    18.0

     Government                                3.8     1.5     3.9     4.2     3.0

   Supplements to wages                        5.3     5.6     3.7     5.6     4.6

     Employer contributions for worker

      pension and insurance funds              3.2     2.6     3.1     3.0     2.7

     Employer contributions for govt

      social insurance                         2.1     3.0     0.6     2.6     1.9

 Proprietors' income with inventory

  valuation and capital consumption

  adjustments                                 -0.5    -3.6     5.0     8.9     5.8

   Farm                                       -4.3     0.1     0.1     0.0     1.4

   Nonfarm                                     3.7    -3.5     4.9     8.8     4.4

 Rental income of persons with capital

  consumption adjustment                       4.4    -0.3     2.4     4.7     8.0

 Pers inc. receipts on assets                -43.1     9.7     6.8    10.4    19.1

   Personal interest income                  -13.2     4.5     4.5     4.5    18.4

   Personal dividend income                  -29.8     5.2     2.2     5.8     0.8

  Personal current transfer receipts           5.0     6.2    12.3     7.1     5.8

    Government social benefits to persons      4.8     6.0    12.0     6.9     5.5

     Social Security                           3.6     3.2     0.8     3.1     6.9

     Medicare                                  1.5     1.6     1.8     1.9     1.8

     Medicaid                                  0.6     3.7     3.6     3.7     3.7

     Unemployment Insurance                    0.3     0.2    -0.3    -0.3    -0.6

     Veteran's benefits                        1.2    -0.9     0.2     2.1    -1.3

     Other                                    -2.5    -1.9     6.0    -3.6    -4.9

    Other current transfer receipts, from

     business (net)                            0.2     0.2     0.3     0.2     0.3

Less: Contributions for govt.

 social insurance                              4.5     6.2     1.6     5.5     4.2

Less: Personal current taxes                   0.0    28.5    15.7    14.3    -1.0

Equals: Disposable pers income                -3.1    24.5    21.1    54.8    66.1

Less: Personal outlays                        26.0    43.0    22.7   116.4    38.7

  PCE                                         18.8    49.2    25.5   119.2    34.4

   Goods                                      -8.6    29.8     3.8    78.2     5.0

    Durable goods                              2.3    17.1   -20.7    41.5    -1.2

    Nondurable goods                         -11.0    12.6    24.6    36.7     6.2

   Services                                   27.4    19.4    21.7    41.0    29.4

  Personal interest payments                   6.7    -3.1    -3.2    -3.2     3.9

  Personal current transfer payments           0.5    -3.0     0.4     0.4     0.3

   To government                               0.5     0.5     0.4     0.4     0.3

   To the rest of the world (net)

Equals: Personal saving                      -29.2   -18.4    -1.6   -61.6    27.4

  Personal saving as a percentage of

   disposable personal income                 -0.2    -0.2     0.0    -0.4     0.2

Addenda:

 Personal Income ex. Current

  transfer receipts, billions of

   chained 2005 dollars                      -12.4    29.4    -3.6     7.2    35.0

  Disposable personal income:

    Total, billions of chained (2005)

     dollars                                  -8.1     8.7    -8.2    -1.9    39.9

    Per capita:

      Current dollars                        -36.0    48.0    35.0   139.0   174.0

      Chained (2005) dollars                 -47.0     2.0   -52.0   -32.0    98.0

  Population (thousands)                     191.0   205.0   218.0   217.0   205.0

     ** MNI Washington Bureau (202) 371-2121 **

[TOPICS: MAUDT$,MAUK5$]