Personal income increased $54.4 billion, or 0.4 percent, and disposable personal income (DPI) increased $42.4 billion, or 0.3 percent, in November. Personal consumption expenditures (PCE) increased $67.9 billion, or 0.6 percent. In October, personal income increased $49.8 billion, or 0.3 percent, DPI increased $39.7 billion, or 0.3 percent, and PCE increased $31.3 billion, or 0.3 percent, based on revised estimates. Real DPI increased 0.5 percent in November, compared with an increase of 0.3 percent in October. Real PCE increased 0.7 percent, compared with an increase of 0.2 percent. The price index for PCE decreased 0.2 percent, in contrast to an increase of less than 0.1 percent.Private wages and salaries increased $38.7 billion in November, compared with an increase of $24.9 billion in October. Goods-producing industries' payrolls increased $7.3 billion in November, the same increase as in October. Manufacturing payrolls increased $3.9 billion in November, compared with an increase of $4.6 billion in October. Services-producing industries' payrolls increased $31.5 billion, compared with an increase of $17.6 billion. Government wages and salaries increased $1.8 billion, compared with an increase of $1.2 billion. Please visit this link to read the full report: USDOC-BEA NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. © 2014 Connecticut Human Resource Reports, LLC URL: http://connecticuthumanresources.blogspot.com/ |
23 December 2014
• U.S. Personal Income & Expenditures — November 2014
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