Free Trial

US Data: Personal Income and Disposition - Level Changes>

Release for:  January 2018
Source: U.S. Department of Commerce
Level change from previous month, billions of U.S. dollars
                                            Sep-17  Oct-17  Nov-17  Dec-17  Jan-18
Personal income                               77.4    64.0    56.1    63.2    64.7
Compensation                                  45.0    19.9    51.1    42.8    51.9
   Wages and salaries                         39.4    16.4    45.2    37.3    45.2
     Private industries                       35.9    15.5    42.8    33.8    36.8
       Goods-producing                         9.8     1.3     8.9     2.4    11.4
         Manufacturing                         4.1     2.6     2.2    -0.9     6.9
       Services-producing                     26.1    14.2    33.9    31.4    25.4
         Trade, transportation, and            0.0     0.0     0.0     0.0     0.0
          utilities                            6.8     0.9    12.6     4.3     3.7
         Other services-producing
          industries                          19.3    13.3    21.3    27.1    21.7
     Government                                3.4     0.9     2.5     3.5     8.4
   Supplements to wages                        5.6     3.5     5.9     5.6     6.7
     Employer contributions for worker
      pension and insurance funds              2.9     2.2     2.6     2.9     2.9
     Employer contributions for govt
      social insurance                         2.8     1.2     3.3     2.7     3.8
 Proprietors' income with inventory
  valuation and capital consumption
  adjustments                                  8.5     4.8    12.9    -2.3     2.3
   Farm                                       -0.4    -1.4    -1.4    -1.4     1.4
   Nonfarm                                     9.0     6.1    14.4    -0.9     0.9
 Rental income of persons with capital
  consumption adjustment                       4.7     5.3     4.0     3.4     4.2
 Pers inc. receipts on assets                 10.0    20.5    12.8    17.7    -9.0
   Personal interest income                    4.4    19.1    19.1    19.2    -5.5
   Personal dividend income                    5.6     1.4    -6.4    -1.4    -3.5
  Personal current transfer receipts          14.8    16.6   -17.9     7.1    36.2
    Government social benefits to persons     14.6    16.3   -18.2     6.9    35.7
     Social Security                           3.1     6.7    -7.5     4.2    23.7
     Medicare                                  1.9     1.8     1.8     1.9     0.4
     Medicaid                                  4.3     4.5     3.7     3.6     3.0
     Unemployment Insurance                   -0.3    -0.6     0.3     0.0     0.3
     Veteran's benefits                        2.1    -1.8     2.2    -0.6     2.9
     Other                                     3.5     5.7   -18.7    -2.0     5.0
    Other current transfer receipts, from
     business (net)                            0.2     0.3     0.3     0.2     0.5
Less: Contributions for govt.
 social insurance                              5.8     3.0     6.7     5.6    20.9
Less: Personal current taxes                  18.5    18.3    16.2    11.0   -70.1
Equals: Disposable pers income                58.9    45.7    39.9    52.3   134.8
Less: Personal outlays                       130.0    51.7    99.5    60.6    33.7
  PCE                                        132.7    41.4    92.0    53.0    31.2
   Goods                                      90.4     3.3    49.8    -2.4     4.9
    Durable goods                             47.5     6.0    11.2     7.9   -23.2
    Nondurable goods                          43.0    -2.7    38.7   -10.4    28.1
   Services                                   42.2    38.1    42.1    55.5    26.4
  Personal interest payments                  -3.1     7.3     7.2     7.2     2.6
  Personal current transfer payments           0.4     3.2     0.3     0.2     0.0
   To government                               0.4     0.3     0.3     0.3     0.0
   To the rest of the world (net)
Equals: Personal saving                      -71.1    -6.0   -59.6    -8.4   101.2
  Personal saving as a percentage of
   disposable personal income                 -0.5     0.0    -0.4    -0.1     0.7
Addenda:
 Personal Income ex. Current
  transfer receipts, billions of
   chained 2005 dollars                        7.5    23.6    40.3    31.8   -19.7
  Disposable personal income:
    Total, billions of chained (2005)
     dollars                                   1.5    21.0     8.8    27.4    71.0
    Per capita:
      Current dollars                        150.0   111.0    96.0   134.0   389.0
      Chained (2005) dollars                 -23.0    39.0     4.0    61.0   197.0
  Population (thousands)                     225.0   214.0   195.0   188.0   168.0
     ** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDT$,MAUK5$]

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.