US personal income rose by 0.9 percent from a month earlier in September 2020, rebounding from a revised 2.5 percent slump in August and beating market consensus of a 0.4 percent increase. The monthly gain was boosted by increases in proprietors’ income, compensation of employees, and rental income of persons, which were partly offset by a decrease in government social benefits. source: U.S. Bureau of Economic Analysis
Personal Income in the United States averaged 0.53 percent from 1959 until 2020, reaching an all time high of 12.20 percent in April of 2020 and a record low of -4.70 percent in January of 2013. This page provides the latest reported value for - United States Personal Income - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Personal Income - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Personal Income in the United States is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Income in the United States to stand at 0.60 in 12 months time. In the long-term, the United States Personal Income is projected to trend around 0.30 percent in 2021, according to our econometric models.