The U.S. Bureau of Economic Analysis is reporting that personal income increased $66.6 billion (0.2% at a monthly rate) in August. Disposable personal income (DPI – personal income less personal current taxes) increased $68.6 billion (0.3%), and personal consumption expenditures (PCE) increased $190.8 billion (0.9%). Personal saving was $990.2 billion in August, and the personal saving rate (personal saving as a percentage of DPI) was 4.1%.
Click here to read the full report at the Bureau of Economic Analysis.
