US Data: Personal Income and Disposition - Level Changes>

Release for:  June 2018

Source: U.S. Department of Commerce

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

                                            Feb-18  Mar-18  Apr-18  May-18  Jun-18

Personal income                               57.8    68.4    51.1    65.9    71.7

Compensation                                  34.8    38.2    38.0    32.8    37.0

   Wages and salaries                         29.8    33.2    33.1    28.0    31.5

     Private industries                       27.7    32.0    30.6    24.2    26.3

       Goods-producing                        21.4     3.7    12.7    -2.9     7.3

         Manufacturing                         9.7     2.1     7.5    -6.4     5.8

       Services-producing                      6.4    28.2    17.9    27.1    18.9

         Trade, transportation, and            0.0     0.0     0.0     0.0     0.0

          utilities                            3.5     7.8    -0.7    10.4     1.0

         Other services-producing

          industries                           2.9    20.5    18.5    16.7    17.9

     Government                                2.0     1.2     2.4     3.9     5.2

   Supplements to wages                        4.9     5.1     4.9     4.9     5.4

     Employer contributions for worker

      pension and insurance funds              2.9     2.8     2.8     3.1     3.3

     Employer contributions for govt

      social insurance                         2.0     2.3     2.1     1.8     2.1

 Proprietors' income with inventory

  valuation and capital consumption

  adjustments                                 12.8     8.4     0.0    10.2     7.4

   Farm                                        0.7     0.8     1.8     1.8     1.8

   Nonfarm                                    12.0     7.8    -1.8     8.3     5.6

 Rental income of persons with capital

  consumption adjustment                       2.9     5.0     0.8     3.0     4.5

 Pers inc. receipts on assets                  7.5     6.6     3.3    19.6    19.6

   Personal interest income                   -3.5    -3.4     6.4     6.3     6.4

   Personal dividend income                   11.0    10.1    -3.2    13.3    13.2

  Personal current transfer receipts           4.2    14.8    13.6     4.2     7.8

    Government social benefits to persons      4.0    14.6    13.3     3.9     7.5

     Social Security                          -2.6     9.2     0.5     1.8     4.1

     Medicare                                  2.5     3.1     3.7     4.1     4.6

     Medicaid                                  3.3     4.2     4.9     3.7     1.6

     Unemployment Insurance                   -0.6    -0.5    -0.7    -1.2     0.1

     Veteran's benefits                        1.3    -0.6     5.1    -3.1    -2.1

     Other                                    -0.2    -0.7    -0.1    -1.4    -0.8

    Other current transfer receipts, from

     business (net)                            0.2     0.3     0.3     0.2     0.3

Less: Contributions for govt.

 social insurance                              4.3     4.8     4.7     3.9     4.4

Less: Personal current taxes                   7.9     8.3     3.1     4.4     6.4

Equals: Disposable pers income                49.8    60.1    48.0    61.5    65.3

Less: Personal outlays                       -14.4    86.5    89.3    71.1    62.7

  PCE                                        -16.7    84.4    84.3    65.4    57.1

   Goods                                     -28.0    29.0    32.2    37.3    -2.0

    Durable goods                            -19.1    28.9     9.8     6.3     0.6

    Nondurable goods                          -8.9     0.1    22.4    30.9    -2.5

   Services                                   11.2    55.3    52.2    28.2    59.0

  Personal interest payments                   1.7     1.8     5.2     5.2     5.2

  Personal current transfer payments           0.5     0.5    -0.3     0.4     0.5

   To government                               0.4     0.5     0.4     0.5     0.4

   To the rest of the world (net)

Equals: Personal saving                       64.3   -26.4   -41.3    -9.5     2.6

  Personal saving as a percentage of

   disposable personal income                  0.4    -0.2    -0.3    -0.1     0.0

Addenda:

 Personal Income ex. Current

  transfer receipts, billions of

   chained 2005 dollars                       31.3    43.1     6.1    31.1    45.4

  Disposable personal income:

    Total, billions of chained (2005)

     dollars                                  26.6    48.8    14.0    29.3    45.8

    Per capita:

      Current dollars                        131.0   160.0   121.0   160.0   171.0

      Chained (2005) dollars                  61.0   127.0    19.0    64.0   113.0

  Population (thousands)                     153.0   166.0   179.0   188.0   199.0

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

[TOPICS: MAUDT$,MAUK5$]