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Personal Income Up 0.1%, Consumer Spending Jumps 0.6% for September 2011

The Personal Income and Outlays report for September covers individual income, consumption and savings. Overall the report shows bad news as once again, America's income is rising less than spending....

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Consumer Spending up 0.1%, Personal Income increases 0.4%, for October 2011

The Personal Income and Outlays report for October covers individual income, consumption and savings. Consumer spending increased 0.1% while disposable income has increased 0.3%. Personal income...

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Consumer Spending, Personal Income both up 0.1%, for November 2011

The Personal Income and Outlays report for November covers individual income, consumption and savings. Consumer spending increased 0.1% while disposable income had no change. Personal income increased...

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Real Consumer Spending down -0.1%, Personal Income up 0.5%, for December 2011

People spent less and saved more in December. The Personal Income and Outlays report covers individual income, consumption and savings. Consumer spending was basically flatlined, or -0.02% from last...

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Real Consumer Spending Zero, Real Personal Income -0.1%, for January 2012

There is spending and income and then there is spending an income adjusted for price increases. The Personal Income and Outlays report covers individual income, consumption and savings. Consumer...

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Real Consumer Spending Up, 0.5%, Real Personal Income Down, -0.1%, for...

The Personal Income and Outlays report shows people spent more than they earned in February. Consumer spending increased 0.8% from last month, but after taking price increases into account, increased...

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Real Consumer Spending Increased 0.1% for March 2012, Real Disposable...

Consumer spending increased 0.3% from last month, but after taking price increases into account, showed only a 0.1% increase. Personal consumption expenditures are often called consumer spending. Real...

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Real Personal Consumption Increased 0.1% for May 2012

Consumer spending was unchanged from last month, but after taking price increases into account, shows a 0.1% increase. Personal consumption expenditures are often called consumer spending by the press....

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Real Consumer Spending Decreased -0.1%, But Wages Get a Boost for June 2012

Consumer spending was unchanged from last month, but after taking price increases into account, decreased by -0.1%. Personal consumption expenditures are often called consumer spending by the press....

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Consumer Spending Increased 0.8%, Real Personal Income Minus Government...

Americans spent more than they earned. That's what's implied in the BEA's September personal income and outlay's report. Consumer spending increased 0.8% from last month, and when adjusted for...

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The Revisionist National Income And Product Accounts

The Bureau of Economic Analysis has revised the National Income and Product Accounts all the way back to 1928.  With the release of Q2 GDP, Gross Domestic Product magically added $559.8 billion to 2012...

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Personal Income Rose 0.4% in June; Personal Spending Rose 0.2%

Other than the employment report and the GDP report itself, the monthly report on Personal Income and Outlays from theBureau of Economic Analysis is the most important economic release we see monthly,...

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May PCE up 8.2%, but 2 Months PCE Still Subtracts 29.06 Percentage Points...

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July PCE up at a 36.6% Rate from 2nd quarter, suggesting a "V" shaped recovery

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