21 December 2012

• U.S. Personal Income and Spending – November 2012


Personal income increased $85.8 billion, or 0.6 percent, and disposable personal income (DPI) increased $74.7 billion, or 0.6 percent, in November. As compared to November 2011, personal income increased 4.1%.

Personal consumption expenditures (PCE) increased $41.3 billion, or 0.4 percent. In October, personal income increased $7.5 billion, or 0.1 percent, DPI increased $6.4 billion, or 0.1 percent, and PCE decreased $6.6 billion, or 0.1 percent, based on revised estimates.

Real disposable income increased 0.8 percent in November, in contrast to a decrease of 0.1 percent in October. Real PCE increased 0.6 percent, in contrast to a decrease of 0.2 percent.

Source: USDOC-BEA


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