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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

December 21, 2018

The US Bureau of Economic Analysis reports that US personal income increased $40.2  billion, or 0.2 per cent in November 2018 (seasonally adjusted levels at annualized rates).

US personal disposable income increased $37.8 billion, or 0.2 per cent in November 2018.  In real per capita terms, US disposable personal income increased $54.0 billions of Chained (2012) dollars or 0.1 per cent in November 2018.

US personal consumption expenditures increased $54.4 billion, or 0.4 per cent in November 2018. 

Personal savings (disposable personal income minus personal consumer expenditures, interest paid, and transfers to government and the rest of the world) was $944.2 billion, in November 2018.

The personal savings rate was 6.0 per cent of disposable income.

Source: US Bureau of Economic Analysis 

Press Release and Table 2.6. Personal Income and Its Disposition, Monthly NIPA

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