• U.S. Personal Income – July 2012

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Personal Income: Increased $42.3 billion, or 0.3 percent, and disposable personal income (DPI) increased $39.9 billion, or 0.3 percent, in July. Personal consumption expenditures (PCE) increased $46.0 billion, or 0.4 percent. In June, personal income increased $46.1 billion, or 0.3 percent, DPI increased $37.4 billion, or 0.3 percent, and PCE increased $3.5 billion, or less than 0.1 percent. Payrolls: Private wage and salary disbursements increased $16.1 billion in July, compared with an increase of $28.5 billion in June. Goods-producing industries' payrolls increased $5.5 billion, compared with an increase of $7.1 billion; manufacturing payrolls increased $3.6 billion, compared with an increase of $4.9 billion. Services-producing industries' payrolls increased $10.6 billion, compared with an increase of $21.4 billion. Government wage and salary disbursements increased $0.3 billion, compared with an increase of $0.5 billion. Source: USDOC

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