From the Bureau of Economic Analysis, October 31:
Personal Income and Outlays, September 2024
Personal income
Personal income increased $71.6 billion (0.3 percent at a monthly rate) in September, according to estimates released today by the U.S. Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal current taxes, increased $57.4 billion (0.3 percent) and personal consumption expenditures (PCE) increased $105.8 billion (0.5 percent).
The PCE price index increased 0.2 percent. Excluding food and energy, the PCE price index increased 0.3 percent (table 5). Real DPI increased 0.1 percent in September and real PCE increased 0.4 percent; goods increased 0.7 percent and services increased 0.2 percent (tables 3 and 4).
2024 May June July Aug. Sept. Percent change from preceding month Personal income: Current dollars 0.5 0.3 0.3 0.2 0.3 Disposable personal income: Current dollars 0.4 0.2 0.3 0.2 0.3 Chained (2017) dollars 0.4 0.1 0.1 0.1 0.1 Personal consumption expenditures (PCE): Current dollars 0.5 0.3 0.6 0.3 0.5 Chained (2017) dollars 0.5 0.1 0.4 0.2 0.4 Price indexes: PCE 0.0 0.1 0.2 0.1 0.2 PCE, excluding food and energy 0.1 0.2 0.2 0.2 0.3 Price indexes: Percent change from month one year ago PCE 2.6 2.4 2.5 2.3 2.1 PCE, excluding food and energy 2.7 2.6 2.7 2.7 2.7 The increase in current-dollar personal income in September primarily reflected increases in compensation and personal current transfer receipts that were partly offset by decreases in personal interest income and proprietors’ income (table 2)....
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