Personal income increased 0.4 percent in August after increasing 0.1 percent in July. Wages and salaries, the largest component of personal income, increased 0.6 percent in August after increasing 0.2 percent in July.
Current-dollar disposable personal income (DPI), after-tax income, increased 0.5 percent in August after increasing 0.3 percent in July.
Real DPI, income adjusted for taxes and inflation, increased 0.4 percent in August after showing no
change in July.
Real consumer spending (PCE), spending adjusted for price changes, increased 0.1 percent in August
after increasing 0.3 percent in July. Spending on durable goods increased 0.9 percent in August
after increasing 0.8 percent in July.
PCE prices were unchanged in August after increasing 0.2 percent in July. Excluding food and
energy, PCE prices increased 0.1 percent in August after increasing 0.2 percent in July.
Personal saving rate
Personal saving as a percent of DPI was 8.1 percent in August and 7.8
percent in July.
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