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US Data: Personal Income and Disposition - Level Changes>

Release for:  August 2018
Source: U.S. Department of Commerce
Level change from previous month, billions of U.S. dollars
                                            Apr-18  May-18  Jun-18  Jul-18  Aug-18
Personal income                               51.3    61.4    70.5    51.9    60.3
Compensation                                  37.8    31.9    43.0    35.4    46.8
   Wages and salaries                         32.9    27.1    37.2    30.8    41.4
     Private industries                       30.6    23.4    31.6    28.3    39.3
       Goods-producing                        12.7    -1.9     7.6     5.3     3.8
         Manufacturing                         7.5    -6.0     5.6     3.2     0.5
       Services-producing                     17.9    25.3    23.9    23.1    35.5
         Trade, transportation, and            0.0     0.0     0.0     0.0     0.0
          utilities                           -0.7    11.0     4.4     2.5     9.8
         Other services-producing
          industries                          18.5    14.2    19.6    20.6    25.7
     Government                                2.3     3.7     5.6     2.5     2.2
   Supplements to wages                        4.9     4.8     5.7     4.7     5.4
     Employer contributions for worker
      pension and insurance funds              2.7     3.1     3.3     2.7     2.5
     Employer contributions for govt
      social insurance                         2.2     1.7     2.4     2.0     2.9
 Proprietors' income with inventory
  valuation and capital consumption
  adjustments                                 -0.2     9.2     8.2     2.5     5.3
   Farm                                        0.5     0.5     0.5    -3.7    -3.7
   Nonfarm                                    -0.8     8.7     7.7     6.3     8.9
 Rental income of persons with capital
  consumption adjustment                      -1.2     1.3     2.9     5.4     5.9
 Pers inc. receipts on assets                  5.0    18.2    12.6    -0.6    -3.7
   Personal interest income                    6.2     6.1     6.2    -5.1    -5.2
   Personal dividend income                   -1.2    12.0     6.4     4.5     1.4
  Personal current transfer receipts          14.5     4.7     8.9    13.6    11.9
    Government social benefits to persons     13.0     4.2     8.5    13.2    11.5
     Social Security                           0.4     1.8     4.0     2.9     5.8
     Medicare                                  3.7     4.1     4.6     5.1     5.6
     Medicaid                                  4.8     4.1     2.6     1.8     1.2
     Unemployment Insurance                   -0.7    -1.2     0.0     0.2    -0.4
     Veteran's benefits                        5.1    -3.1    -2.1     3.3     0.6
     Other                                    -0.2    -1.5    -0.6    -0.1    -1.3
    Other current transfer receipts, from
     business (net)                            1.5     0.4     0.4     0.4     0.4
Less: Contributions for govt.
 social insurance                              4.7     3.8     5.1     4.3     6.0
Less: Personal current taxes                  -0.2     2.3     6.5     6.4     8.9
Equals: Disposable pers income                51.3    59.2    63.9    45.6    51.4
Less: Personal outlays                        80.4    80.6    65.8    63.5    47.1
  PCE                                         74.9    75.4    60.4    62.8    46.3
   Goods                                      27.2    36.0     1.8    22.7    11.8
    Durable goods                              9.5     3.5    -1.5     7.0    -1.5
    Nondurable goods                          17.8    32.4     3.3    15.8    13.2
   Services                                   47.8    39.4    58.7    39.9    34.7
  Personal interest payments                   4.8     4.9     4.9     0.4     0.3
  Personal current transfer payments           0.5     0.4     0.5     0.4     0.4
   To government                               0.4     0.5     0.4     0.4     0.4
   To the rest of the world (net)
Equals: Personal saving                      -29.0   -21.6    -1.7   -18.0     4.3
  Personal saving as a percentage of
   disposable personal income                 -0.3    -0.1    -0.1    -0.1     0.0
Addenda:
 Personal Income ex. Current
  transfer receipts, billions of
   chained 2012 dollars                        2.3    25.1    41.8    17.3    29.9
  Disposable personal income:
    Total, billions of chained (2012)
     dollars                                  14.0    25.5    43.0    22.8    31.8
    Per capita:
      Current dollars                        131.0   153.0   167.0   107.0   125.0
      Chained (2012) dollars                  19.0    53.0   104.0    41.0    67.0
  Population (thousands)                     179.0   188.0   199.0   215.0   225.0
     ** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDT$,MAUK5$]

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