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April 29, 2016US PERSONAL INCOME AND OUTLAY, MARCH 2016
US personal income grew by 0.4 per cent (all data are seasonally adjusted at annual rates) in March. US personal consumer expenditures (PCE) increased by $12.7 billion, or 0.1 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) increased 5.6 per cent ($39.1 billion) in March, to $735.5 billion, or 5.4 per cent of disposable income.
Disposable income per capita rose 0.3 per cent month to month, to a level of $38,595 (constant 2009 dollars). Real disposable income per capita peaked in December of 2012 at a level of $38,639.
Income was divided on the following basis in March: 55.2 per cent wages and salaries (including supplementary income, less contributions for government social insurance), 27.4 per cent property income, and 17.4 per cent transfers (social security, medicare, medicaid, unemployment, veterans benefits, etc).
Source: US Bureau of Economic Analysis