• 860 days Will The ECB Continue To Hike Rates?
  • 860 days Forbes: Aramco Remains Largest Company In The Middle East
  • 862 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,262 days Could Crypto Overtake Traditional Investment?
  • 1,267 days Americans Still Quitting Jobs At Record Pace
  • 1,269 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,272 days Is The Dollar Too Strong?
  • 1,272 days Big Tech Disappoints Investors on Earnings Calls
  • 1,273 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,275 days China Is Quietly Trying To Distance Itself From Russia
  • 1,275 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,279 days Crypto Investors Won Big In 2021
  • 1,279 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,280 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,282 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,283 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,286 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,287 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,287 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,289 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

Personal Income Up 0.3 Percent, Real Disposable Income Not Quite 0.1 Percent

The BEA's Personal Income and Outlays report shows personal incomes rose 0.3%.

"Real DPI increased less than 0.1 percent in September and Real PCE increased 0.3 percent."

Spending rose 0.5% but the BEA revised August from +0.0% to -0.1% so effectively spending increased 0.4% from the unrevised number.

Income and Price Indices


Econoday Consensus

The reported numbers were mostly in-line with the Econoday Consensus Estimates.

Personal Income and Outlays


Real Disposable Personal Income Year-Over-Year

Real Disposable Personal Income Year-Over-Year

Econoday calls the report "solid" but sees the inflation data as "mixed to soft".

The Econoday parrot is always happy when consumers have less real money to spend. The above chart simply is too "soft".

The parrot would have been happier had inflation advanced more and consumers effectively made nothing.

 

Back to homepage

Leave a comment

Leave a comment