US personal income decreased 0.1% month-over-month in January of 2019, the first fall since November 2015, after rising 1% in December and missing forecasts of a 0.3% gain. The decrease in personal income in January primarily reflected decreases in personal dividend income, farm proprietors’ income, and personal interest income that were partially offset by increases in social security benefit payments, and other government social benefits to persons, which includes the Child Tax Credit and the Affordable Care Act refundable tax credit. Wages and salaries, the largest component of personal income, went up 0.3% in January, after a 0.5% advance in December. Estimates for January and December were released together due to the recent partial government shutdown. In December, US personal income jumped 1% from a month earlier, following an upwardly revised 0.3% rise in November. Considering 2018, personal income increased 4.5%, compared with a 4.4% gain in 2017. Personal Income in the United States averaged 0.53 percent from 1959 until 2019, reaching an all time high of 4.60 percent in May of 2008 and a record low of -4.70 percent in January of 2013.

Personal Income in the United States is expected to be 0.20 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 0.40 in 12 months time. In the long-term, the United States Personal Income is projected to trend around 0.30 percent in 2020, according to our econometric models.

United States Personal Income
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-29 01:30 PM Personal Income MoM 0.5% 0.2% 0.4% 0.2%
2018-12-21 03:00 PM Personal Income MoM 0.2% 0.5% 0.3% 0.3%
2019-03-01 01:30 PM Personal Income MoM 1% 0.3% 0.4% 0.4%
2019-03-01 01:30 PM Personal Income MoM -0.1% 1% 0.3% 0.3%
2019-03-29 12:30 PM Personal Income MoM -0.1% 0.3% 0.2%
2019-04-29 12:30 PM Personal Income MoM 0.2%
2019-05-31 12:30 PM Personal Income MoM


United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 97.80 93.80 111.40 51.70 Index Points [+]
Retail Sales MoM 0.20 -1.60 6.70 -3.90 percent [+]
Retail Sales YoY 2.30 1.60 11.20 -11.50 percent [+]
Retail Sales Ex Autos 0.90 -2.10 2.60 -4.00 percent [+]
Consumer Spending 13044.25 12953.29 13044.25 1403.69 USD Billion [+]
Disposable Personal Income 15907.00 15942.18 15942.18 351.54 USD Billion [+]
Personal Spending -0.50 0.60 2.80 -2.10 percent [+]
Personal Income -0.10 1.00 4.60 -4.70 percent [+]
Personal Savings 7.60 6.10 17.30 2.20 percent [+]
Consumer Credit 17.05 15.36 118.08 -113.42 USD Billion [+]
Private Sector Credit 9668.03 9630.97 9668.03 39.04 USD Billion [+]
Bank Lending Rate 5.50 5.50 20.50 2.00 percent [+]
Economic Optimism Index 55.70 50.30 62.90 35.80 [+]
Redbook Index 4.90 4.40 9.30 -5.80 percent [+]
Chain Store Sales 7611.00 5637.00 15875.00 3055.00 USD Million [+]
Gasoline Prices 0.61 0.59 1.07 0.24 USD/Liter [+]
Households Debt To GDP 76.40 76.60 98.60 23.80 percent of GDP [+]
Consumer Confidence Current Conditions 113.20 112.50 121.10 57.50 [+]
Consumer Confidence Economic Expectations 80.20 83.90 108.60 44.20 [+]
Consumer Confidence Price Trends 2.70 2.60 10.40 0.40 [+]


United States Personal Income

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. 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 - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 1.00 4.60 -4.70 1959 - 2019 percent Monthly
Current Prices, SA




Country Last Previous
United States -0.10 Jan/19


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