Free Trial

US Data: Personal Income and Disposition - Level Changes>

Release for:  October 2018
Source: U.S. Department of Commerce
Level change from previous month, billions of U.S. dollars
                                            Jun-18  Jul-18  Aug-18  Sep-18  Oct-18
Personal income                               63.4    58.4    68.0    40.2    84.9
Compensation                                  34.9    37.0    52.2    29.0    32.3
   Wages and salaries                         29.7    32.0    46.0    24.0    27.8
     Private industries                       24.0    28.7    40.5    17.2    25.0
       Goods-producing                         1.8     5.2     5.2     5.6     4.9
         Manufacturing                         1.8     2.9     1.2     1.3     1.7
       Services-producing                     22.3    23.3    35.4    11.6    20.1
         Trade, transportation, and            0.0     0.0     0.0     0.0     0.0
          utilities                            2.9     2.6     6.8     1.1     1.8
         Other services-producing
          industries                          19.3    20.9    28.5    10.5    18.3
     Government                                5.6     3.4     5.5     6.8     2.8
   Supplements to wages                        5.2     5.0     6.3     4.9     4.6
     Employer contributions for worker
      pension and insurance funds              3.3     2.9     3.4     3.7     2.9
     Employer contributions for govt
      social insurance                         1.9     2.1     2.9     1.2     1.7
 Proprietors' income with inventory
  valuation and capital consumption
  adjustments                                  8.2     6.1     5.6   -13.1    25.2
   Farm                                        0.5    -3.4    -3.4    -3.4    11.6
   Nonfarm                                     7.7     9.5     9.0    -9.7    13.6
 Rental income of persons with capital
  consumption adjustment                       2.9     4.2     5.8     7.1     3.2
 Pers inc. receipts on assets                 12.6     6.0     0.4     2.6    11.1
   Personal interest income                    6.2     0.7     0.7     0.7     5.4
   Personal dividend income                    6.4     5.3    -0.3     1.9     5.7
  Personal current transfer receipts           8.9     9.6    10.0    17.5    16.9
    Government social benefits to persons      8.5     9.2     9.6    17.2    16.5
     Social Security                           4.0     2.1     4.1     0.4     9.8
     Medicare                                  4.6     5.1     5.6     6.1     6.7
     Medicaid                                  2.6    -0.7     0.7     2.1     3.4
     Unemployment Insurance                    0.0     0.2    -0.5    -0.8    -0.5
     Veteran's benefits                       -2.1     2.8     0.8     6.6    -2.8
     Other                                    -0.6    -0.3    -1.2     2.8     0.0
    Other current transfer receipts, from
     business (net)                            0.4     0.4     0.4     0.4     0.3
Less: Contributions for govt.
 social insurance                              4.1     4.4     6.1     3.0     3.7
Less: Personal current taxes                   5.1    12.4    13.4     7.9     3.3
Equals: Disposable pers income                58.2    46.0    54.7    32.1    81.7
Less: Personal outlays                        65.8    73.2    57.6    36.6    90.8
  PCE                                         60.4    65.6    52.4    31.6    86.9
   Goods                                       1.8    24.5    12.3     4.0    23.6
    Durable goods                             -1.5     7.4     5.1    -1.4     7.0
    Nondurable goods                           3.3    17.1     7.2     5.4    16.6
   Services                                   58.7    40.9    40.2    27.6    63.3
  Personal interest payments                   4.9     4.7     4.7     4.7     3.4
  Personal current transfer payments           0.5     3.0     0.4     0.4     0.4
   To government                               0.4     0.4     0.4     0.4     0.4
   To the rest of the world (net)
Equals: Personal saving                       -7.4   -27.3    -2.9    -4.5    -9.1
  Personal saving as a percentage of
   disposable personal income                 -0.1    -0.2     0.0     0.0    -0.1
Addenda:
 Personal Income ex. Current
  transfer receipts, billions of
   chained 2012 dollars                       35.2    28.2    41.4     4.0    38.2
  Disposable personal income:
    Total, billions of chained (2012)
     dollars                                  37.7    24.4    37.6    11.7    49.2
    Per capita:
      Current dollars                        149.0   109.0   134.0    65.0   218.0
      Chained (2012) dollars                  88.0    46.0    84.0     6.0   121.0
  Population (thousands)                     199.0   215.0   225.0   224.0   214.0
     ** 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.