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January 30, 2017US PERSONAL INCOME AND OUTLAY, DECEMBER 2016 
DECEMBER
Today, the Bureau of Economic Analysis reported that:
- US personal income increased $50.2 billion, or by 0.3 per cent (all data are seasonally adjusted at annual rates), in December.
- US personal disposable income (DPI) increased $43.6 billion, or by 0.3 per cent, in December.
- US personal consumption expenditures (PCE) increased $63.1 billion, or by 0.5 per cent month to month.
- Personal savings (disposable personal income minus personal outlays consisting of consumption, interest paid, and transfers to government and the rest of the world) was $768.4 billion in December.
- The personal savings rate (share of DPI) was 5.4 percent in December.
In real terms:
- real personal disposable income (real DPI) increased 0.1 percent in December
- real personal consumption expenditures (real PCE) increased 0.3 percent in December.
2016 ANNUAL
US Personal income in 2015 rose by 3.5 per cent ($547.7 billion) over 2015. Wages and salaries increased 4.2 per cent over 2014 to $8.2 trillion. Personal consumption expenditures were up $467.1 billion, a 3.8 per cent increase over 2015.
The personal savings rate (as a percentage of disposable income) was unchanged at 5.8 per cent, over 2015.
Source: US Bureau of Economic Analysis
Table 2.6. Personal Income and Its Disposition, Monthly (M)
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