{"id":124749,"date":"2025-01-31T14:24:38","date_gmt":"2025-01-31T14:24:38","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/personal-income-and-outlays-december-2024-bureau-of-economic-analysis\/"},"modified":"2025-01-31T14:24:38","modified_gmt":"2025-01-31T14:24:38","slug":"personal-income-and-outlays-december-2024-bureau-of-economic-analysis","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/personal-income-and-outlays-december-2024-bureau-of-economic-analysis\/","title":{"rendered":"Personal Income and Outlays, December 2024 &#8211; Bureau of Economic Analysis"},"content":{"rendered":"<p>An official website of the United States government<br \/><strong>Personal income<\/strong> increased $92.0 billion (0.4 percent at a monthly rate) in December, according to estimates released today by the U.S. Bureau of Economic Analysis. <strong>Disposable personal income<\/strong> (DPI)\u2014personal income less personal current taxes\u2014increased $79.7 billion (0.4 percent) and <strong>personal consumption expenditures<\/strong> (PCE) increased $133.6 billion (0.7 percent).<br \/><strong>Personal outlays<\/strong>\u2014the sum of PCE, personal interest payments, and personal current transfer payments\u2014increased $129.5 billion in December. <strong>Personal saving<\/strong> was $843.2 billion in December and the <strong>personal saving rate<\/strong>\u2014personal saving as a percentage of disposable personal income\u2014was 3.8 percent.<br \/>The increase in <strong>current-dollar personal income<\/strong> in December primarily reflected an increase in compensation.<br \/>The $133.6 billion increase in <strong>current-dollar PCE<\/strong> in December reflected an increase of $78.2 billion in spending for services and $55.4 billion in spending for goods.<br \/>From the preceding month, the <strong>PCE price index<\/strong> for December increased 0.3 percent. Excluding food and energy, the PCE price index increased 0.2 percent.<br \/>From the same month one year ago, the <strong>PCE price index<\/strong> for December increased 2.6 percent. Excluding food and energy, the PCE price index increased 2.8 percent from one year ago.<br \/>*\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 *\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 *<br \/>Next release:\u00a0 February 28, 2025, at 8:30 a.m. EST<br \/> Personal Income and Outlays, January 2025<br \/>The increase in personal income in December primarily reflected an increase in compensation, led by private wages and salaries, based on data from the Bureau of Labor Statistics\u2019 (BLS) Current Employment Statistics (CES).<br \/><strong>Revisions to Personal Income<\/strong><br \/>Estimates have been updated for October and November, reflecting updated BLS CES data.<\/p>\n<p><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMie0FVX3lxTFBzc1VkdDZKUk9yRUxGOGllYUo2QnJ2YWZ0NUdOVjhwMVBhVDRHUE0yZkRHQW80UGR0NTBwNTBoY2g5Qk11WVZ1U3A4RHpkSWp2Y01SNUVTUzlMWjZRcm1aN2Z4LTFCWVB2d0FZZEVybHZndE42TTVYdUtTVQ?oc=5\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An official website of the United States governmentPersonal income increased $92.0 billion (0.4 percent at a monthly rate) in December, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)\u2014personal income less personal current taxes\u2014increased $79.7 billion (0.4 percent) and personal consumption expenditures (PCE) increased $133.6 billion (0.7 percent).Personal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":124750,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-124749","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/124749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=124749"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/124749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/124750"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=124749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=124749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=124749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}