March 28 (Reuters) – U.S. Commerce Department personal
income and spending estimates, in seasonally adjusted annual
rates.
Percent changes, current dollars
Feb Jan
Dec
Personal income 0.8 0.7
0.3
Wages/Salaries 0.4 0.2
0.4
Disposable income 0.9 0.7
0.4
Personal Consumption 0.4 -0.3
0.9
Durables 1.4 -4.3
1.5
Nondurables 0.6 -0.2
1.2
Services 0.2 0.4
0.6
Saving rate, pct 4.6 4.3
3.3
Percent changes, chained 2017 dollars
Feb Jan
Dec
Personal Consumption 0.1 -0.6
0.6
Goods 0.7 -2.1
1.2
Durables 1.0 -4.6
2.0
Nondurables 0.5 -0.8
0.8
Services -0.1 0.1
0.3
Disposable income 0.5 0.3
0.1
Percent changes, chained 2017 dollars
Feb Jan
Dec
PCE price index 0.3 0.3
0.3
0.3283 0.3366
0.2974
Core PCE price index 0.4 0.3
0.2
0.3651 0.2984
0.2134
PCE ex-food/energy/housing 0.4 0.3
0.2
PCE services ex-energy/housing 0.4 0.2
0.4
Mkt-based PCE price index 0.3 0.3
0.2
Mkt-based Core index 0.4 0.2
0.1
Percent change from year ago, chained 2017 dollars
Feb Jan
Dec
PCE Price Index 2.5 2.5
2.6
Core PCE price index 2.8 2.7
2.9
Mkt-based PCE price index 2.2 2.2
2.2
Mkt-based Core index 2.4 2.3
2.4
Current dollars, in billions
Feb Jan
Dec
Personal income 25,442 25,247
25,081
Wages/Salaries 12,698 12,642
12,613
Disposable income 22,301 22,109
21,965
Personal income by sector, current dollars, in billions
Feb Jan
Dec
Manufacturing 1,135 1,124
1,124
Service Industries 8,818 8,782
8,765
Government 1,921 1,913
1,903
Proprietors’ income 2,048 2,046
2,048
Farm 48 54
60
Nonfarm 2,000 1,991
1,988
Personal consumption 20,439 20,352
20,408
Durables 2,204 2,174
2,271
Nondurables 4,174 4,148
4,157
Services 14,062 14,030
13,980
Chained 2017 dollars, in billions
Feb Jan
Dec
Personal consumption 16,274 16,258
16,358
Goods 5,536 5,500
5,620
Durables 2,085 2,065
2,165
Nondurables 3,461 3,444
3,472
Services 10,759 10,775
10,765
Disposable income 17,756 17,661
17,606
FORECASTS:
Reuters survey of Wall Street economists forecast:
U.S. Feb. personal income +0.4 pct
U.S. Feb. personal spending +0.5 pct
U.S. Feb. core pce price index +0.3 pct
U.S. Feb. year/year core pce price index +2.7 pct
U.S. Feb. pce price index +0.3 pct
U.S. Feb. year/year pce price index +2.5 pct
NOTES:
Effective with the August 2023 report, the base year was
changed to 2017 from 2012.
