Personal income increased 0.3 percent in September after increasing 0.5 percent in August. Wages and salaries, the largest component of personal income, showed no change in September after increasing 0.6 percent in August.
Current-dollar disposable personal income (DPI),
after-tax income, increased 0.3 percent in September after increasing 0.6 percent in August.
Real DPI, income adjusted for taxes and inflation, increased 0.3 percent in September after
increasing 0.5 percent in August.
Real consumer spending (PCE), spending adjusted for price changes, increased 0.2 percent in September, the same increase as in August. Spending on durable goods increased 0.6 percent in September, the same increase as in August.
PCE prices were unchanged in September and in August. Excluding food and energy, PCE prices were
unchanged in September after increasing 0.1 percent in August.
Personal saving rate
Personal saving as a percent of DPI was 8.3 percent in September and 8.1 percent in August.
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