United States Personal Income

Last Release

Oct 31, 2024

Actual

0.6

Units In

0.3

Frequency

Monthly

Next Release

Jan 31, 2025

Time to Release

1 Months 10 Days 15 Hours

Highest	Lowest	Average	Date Range	Source
21 Mar 2021	-13.3 Apr 2021	0.53 %	1959-2024	U.S. Bureau of Economic Analysis

Personal Income refers to the income that persons receive in return for their provision of labor, land, and capital used in current production, plus current transfer receipts less contributions for government social insurance.

Latest Updates

US personal income rose by 0.3% from the previous month in November 2024, the smallest increase in three months, following an upwardly revised 0.7% rise in October and slightly below market forecasts of a 0.4% advance. It primarily reflected an increase in compensation (0.6% vs 0.5% in October), of which wages and salaries (0.6% vs 0.5%) and supplements (0.5% vs 0.5%), which partly offset decreases in personal income receipts on assets (-0.1% vs 1%) and personal current transfer receipts (-0.1% vs 0.9%). Meanwhile, the disposable personal income went up 0.3%, following a 0.7% rise in October. Real disposable personal income was also weaker, up 0.2%, following a 0.5% gain in October.