United States Personal Income

Personal income in the United States increased 0.1 percent month-over-month in July of 2019, following an upwardly revised 0.5 percent gain in June and below market expectations of a 0.3 percent rise. This is the smallest gain in personal income since last September, as increases in compensation of employees and government social benefits to persons were partially offset by a decrease in personal interest income. Wages and salaries, the largest component of personal income, increased 0.2 percent in July, following a 0.5 percent rise in the prior month. Personal Income in the United States averaged 0.53 percent from 1959 until 2019, reaching an all time high of 4.60 percent in May of 2008 and a record low of -4.70 percent in January of 2013.

Personal Income in the United States is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Income in the United States to stand at 0.30 in 12 months time. In the long-term, the United States Personal Income is projected to trend around 0.30 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-05-31	12:30 PM	Personal Income MoM Apr	0.5%	0.1%	0.3%	0.2%
2019-06-28	12:30 PM	Personal Income MoM May	0.5%	0.5%	0.3%	0.3%
2019-07-30	12:30 PM	Personal Income MoM Jun	0.4%	0.4%	0.4%	0.3%
2019-08-30	12:30 PM	Personal Income MoM Jul	0.1%	0.5%	0.3%	0.3%
2019-09-27	12:30 PM	Personal Income MoM Aug		0.1%	0.4%	0.3%
2019-10-31	12:30 PM	Personal Income MoM Sep				0.1%
2019-11-27	01:30 PM	Personal Income MoM Oct

United States Consumer	Last	Previous	Highest	Lowest	Unit
Consumer Confidence	92.00	89.80	111.40	51.70	Index Points	[+]
Retail Sales MoM	0.40	0.80	6.70	-3.90	percent	[+]
Retail Sales YoY	4.10	3.60	11.20	-11.50	percent	[+]
Retail Sales Ex Autos	0.00	1.00	2.60	-4.00	percent	[+]
Consumer Spending	13253.38	13103.32	13253.38	1403.69	USD Billion	[+]
Disposable Personal Income	16498.38	16453.99	16498.38	351.54	USD Billion	[+]
Personal Spending	0.60	0.30	2.80	-2.10	percent	[+]
Personal Income	0.10	0.50	4.60	-4.70	percent	[+]
Personal Savings	7.70	8.00	17.30	2.20	percent	[+]
Consumer Credit	23.29	13.78	116.79	-111.95	USD Billion	[+]
Private Sector Credit	9867.74	9828.15	9867.74	39.04	USD Billion	[+]
Bank Lending Rate	5.25	5.50	20.50	2.00	percent	[+]
Economic Optimism Index	50.80	55.10	62.90	35.80		[+]
Redbook Index	5.40	6.40	9.30	-5.80	percent	[+]
Chain Store Sales	3085.00	3201.00	15875.00	2632.00	USD Million	[+]
Gasoline Prices	0.69	0.72	1.07	0.24	USD/Liter	[+]
Households Debt To GDP	76.30	76.60	98.60	23.80	percent of GDP	[+]
Consumer Confidence Current Conditions	113.20	112.50	121.10	57.50		[+]
Consumer Confidence Economic Expectations	80.20	83.90	108.60	44.20		[+]
Consumer Confidence Price Trends	2.70	2.60	10.40	0.40		[+]

Personal Income refers to the income that persons receive in return for their provision of labor, land, and capital used in current production, plus current transfer receipts less contributions for government social insurance. This page provides the latest reported value for - United States Personal Income - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Personal Income - actual data, historical chart and calendar of releases - was last updated on September of 2019.