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nmmi

(216 posts)

2. Holy BeJezus, look at these income numbers

Reply to BumRushDaShow (Original post)

Wed Nov 27, 2024, 11:53 AM

Nov 27

Same report; https://www.bea.gov/news/2024/personal-income-and-outlays-october-2024

Personal income increased $147.4 billion (0.6 percent at a monthly rate) in October, according to estimates released today by the U.S. Bureau of Economic Analysis (tables 2 and 3).

Disposable personal income (DPI), personal income less personal current taxes, increased $144.1 billion (0.7 percent) and personal consumption expenditures (PCE) increased $72.3 billion (0.4 percent).

. . . Real DPI increased 0.4 percent and real PCE increased 0.1 percent;

Spacing and emphasis added. "Real" means inflation-adjusted.

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Fed's preferred inflation gauge rises to 2.3% annually, meeting expectations [View all] BumRushDaShow Nov 27 OP

From the source. And last 5 months (June thru Oct) of PCE inflation measures nmmi Nov 27 #1

Holy BeJezus, look at these income numbers nmmi Nov 27 #2

All that work Biden did to fix the economy... Blue_Tires Nov 27 #3