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US Data: Personal Income and Disposition - Level Changes>

Release for:  February 2019
Source: U.S. Department of Commerce
Level change from previous month, billions of U.S. dollars
                                            Oct-18  Nov-18  Dec-18  Jan-19  Feb-19
Personal income                               84.7    50.3   179.3   -22.9    42.0
Compensation                                  40.6    26.1    52.3    36.0    32.6
   Wages and salaries                         35.8    22.4    46.1    30.2    27.7
     Private industries                       34.6    22.6    42.7    27.0    25.4
       Goods-producing                         5.1     2.3    11.1     1.6     2.4
         Manufacturing                         1.9     2.1     4.7    -0.6     1.3
       Services-producing                     29.5    20.4    31.5    25.4    22.9
         Trade, transportation, and            0.0     0.0     0.0     0.0     0.0
          utilities                            3.3     5.5     4.3     5.6     2.6
         Other services-producing
          industries                          26.2    14.9    27.2    19.7    20.4
     Government                                1.2    -0.2     3.5     3.1     2.4
   Supplements to wages                        4.9     3.6     6.2     5.9     4.8
     Employer contributions for worker
      pension and insurance funds              2.5     2.2     3.2     3.3     3.2
     Employer contributions for govt
      social insurance                         2.3     1.5     3.0     2.6     1.5
 Proprietors' income with inventory
  valuation and capital consumption
  adjustments                                 22.0    21.5    24.6   -27.8    11.8
   Farm                                        6.6    13.2    28.1   -29.0     4.5
   Nonfarm                                    15.5     8.4    -3.6     1.2     7.4
 Rental income of persons with capital
  consumption adjustment                      -3.2    -2.9    -1.3     6.2     6.7
 Pers inc. receipts on assets                 19.5    10.0    96.8  -107.1   -18.6
   Personal interest income                   13.9    13.8    13.8   -27.1   -27.2
   Personal dividend income                    5.8    -3.9    83.0   -79.9     8.4
  Personal current transfer receipts          10.8    -1.1    13.2    82.2    13.1
    Government social benefits to persons     10.4    -1.4    12.9    82.3    12.9
     Social Security                          12.0    -4.9     2.2    30.8     2.3
     Medicare                                  6.5     7.0     7.5     8.1     7.7
     Medicaid                                 -3.9    -1.2     1.4     4.3     2.6
     Unemployment Insurance                   -0.3     0.3     0.8     0.5     0.1
     Veteran's benefits                       -3.0     0.4     0.3     2.2     0.4
     Other                                    -0.9    -2.9     0.7    36.2    -0.1
    Other current transfer receipts, from
     business (net)                            0.3     0.3     0.3    -0.2     0.3
Less: Contributions for govt.
 social insurance                              5.1     3.2     6.3    12.4     3.6
Less: Personal current taxes                  -4.7    -2.2     6.1    12.1    10.6
Equals: Disposable pers income                89.4    52.5   173.2   -34.9    31.3
Less: Personal outlays                        87.7    75.8   -75.8     6.3    NA
  PCE                                         88.5    70.0   -81.5     8.6    NA
   Goods                                      30.9    32.8  -107.2    -8.9    NA
    Durable goods                              5.7    25.1   -43.2   -17.7    NA
    Nondurable goods                          25.3     7.7   -63.9     8.7    NA
   Services                                   57.6    37.2    25.6    17.6    NA
  Personal interest payments                   5.3     5.4     5.3     1.2    NA
  Personal current transfer payments          -6.1     0.4     0.4    -3.5    NA
   To government                               0.4     0.3     0.4    -3.5    NA
   To the rest of the world (net)
Equals: Personal saving                        1.7   -23.3   249.0   -41.2    NA
  Personal saving as a percentage of
   disposable personal income                  0.0    -0.2     1.5    -0.2    NA
Addenda:
 Personal Income ex. Current
  transfer receipts, billions of
   chained 2012 dollars                       41.0    40.4   144.0   -88.3    NA
  Disposable personal income:
    Total, billions of chained (2012)
     dollars                                  53.5    40.8   150.1   -23.4    NA
    Per capita:
      Current dollars                        246.0   135.0   506.0  -128.0    75.0
      Chained (2012) dollars                 139.0   102.0   437.0   -91.0    NA
  Population (thousands)                     184.0   164.0   152.0   146.0   138.0
     ** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDT$,MAUK5$]

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