Personal income in the United States increased 0.4 percent from a month earlier in November 2021, following a 0.5 percent growth in October and matching market expectations as most companies increased wages to attract and keep workers and in spite of waning federal stimulus. Wages and salaries rose 0.5 percent, slowing from a 0.8 percent gain in October while personal income receipts on assets grew 0.3 percent also slowing from 0.8 percent a month earlier. source: U.S. Bureau of Economic Analysis

Personal Income in the United States averaged 0.53 percent from 1959 until 2021, reaching an all time high of 21 percent in March of 2021 and a record low of -13.30 percent in April of 2021. 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 - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Personal Income in the United States is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Personal Income is projected to trend around 0.60 percent in 2022 and 0.30 percent in 2023, according to our econometric models.

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United States Personal Income


United States Personal Income
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.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.50 21.00 -13.30 1959 - 2021 percent Monthly
Current Prices, SA

Calendar GMT Actual Previous Consensus TEForecast
2021-11-24 03:00 PM Oct 0.5% -1% 0.2% 0.1%
2021-12-23 01:30 PM Nov 0.4% 0.5% 0.4% 0.3%
2022-01-28 01:30 PM Dec 0.4% 0.5% 0.5%


Related Last Previous Unit Reference
Consumer Spending 13723.73 13665.61 USD Billion Sep/21
Disposable Personal Income 18168.77 18108.28 USD Billion Nov/21
Personal Spending 0.60 1.40 percent Nov/21
Personal Income 0.40 0.50 percent Nov/21
Personal Savings 6.90 7.10 percent Nov/21


News Stream
US Personal Income Rises 0.4% in November
Personal income in the United States increased 0.4 percent from a month earlier in November 2021, following a 0.5 percent growth in October and matching market expectations as most companies increased wages to attract and keep workers and in spite of waning federal stimulus. Wages and salaries rose 0.5 percent, slowing from a 0.8 percent gain in October while personal income receipts on assets grew 0.3 percent also slowing from 0.8 percent a month earlier.
2021-12-23
US Personal Income Rises More than Forecast
Personal income in the United States increased 0.5 percent from a month earlier in October 2021, partially recovering from a 1.0 percent drop in September and beating market expectations of a 0.2 percent gain. It was the largest rise in income for three months, primarily due to increases in compensation of employees on the back of higher private wages and salaries, and personal income receipts on assets boosted by both dividend income and interest income. On the other hand, government social benefits declined, reflecting decreases in payments from three pandemic-related unemployment programs.
2021-11-24
US Personal Income Falls for 1st Time in 4 Months
Personal income in the United States dropped 1.0 percent from a month earlier in September 2021, following a 0.2 percent advance in August and compared with market expectations of a 0.2 percent fall. It was the first monthly decline in income since May, primarily due to a decrease in government social benefits, both in unemployment benefits and “other” benefits. Meanwhile, wages and salaries increased at a faster pace.
2021-10-29