30 November 2012

• U.S. Personal Income and Outlays - October 2012


Personal income increased $0.4 billion, or less than 0.1 percent, and disposable personal income (DPI) increased $0.8 billion, or less than 0.1 percent, in October. Personal income was 3.1% above the same month a year ago.

Personal consumption expenditures (PCE) decreased $20.2 billion, or 0.2 percent.

In September, personal income increased $47.8 billion, or 0.4 percent, DPI increased $42.1 billion, or 0.4 percent, and PCE increased $84.0 billion, or 0.8 percent, based on revised estimates.

The October estimates of personal income and outlays reflect the effects of Hurricane Sandy, which made landfall in the United States on October 29.

Source: USDOC-BEA


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