The U.S. Bureau of Economic Analysis is reporting that personal income increased $54.5 billion (0.2% at a monthly rate) in September. Disposable personal income (DPI – personal income less personal current taxes) increased $52.7billion (0.2%), and personal consumption expenditures (PCE) increased $113.1 billion (0.5%). Personal saving was $911.1 billion in September, and the personal saving rate (personal saving as a percentage of DPI) was 3.8%.
Click here to read the full report at the Bureau of Economic Analysis.
