US personal income advanced 0.5 percent from a month earlier in November 2019, following an upwardly 0.1 percent growth in October and beating market expectations of 0.3 percent. There were increases in compensation of employees, farm proprietors’ income, and personal interest income.

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. 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.

Personal Income in the United States is expected to be 0.40 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 0.20 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.


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United States Personal Income

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.10 4.60 -4.70 1959 - 2019 percent Monthly
Current Prices, SA

Calendar GMT Actual Previous Consensus TEForecast
2019-09-27 12:30 PM Aug 0.4% 0.1% 0.4% 0.3%
2019-10-31 12:30 PM Sep 0.3% 0.5% 0.3% 0.3%
2019-11-27 03:00 PM Oct 0.0% 0.3% 0.3% 0.2%
2019-12-20 03:00 PM Nov 0.5% 0.1% 0.3% 0.2%
2020-01-31 01:30 PM Dec 0.5% 0.3% 0.4%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-11-27
US Personal Income Unchanged in October
US personal income was unchanged in October 2019, following a 0.3 percent growth in September and missing market expectations of 0.3 percent. An increase in wages and salaries was partially offset by declines in personal interest income and in farm proprietors’ income.

2019-10-31
US Personal Income Rises 0.3% as Expected
Personal income in the United States increased 0.3 percent in September 2019 as widely expected, easing from a revised 0.5 percent growth in August. There were gains in personal interest income, farm proprietors' income, and government social benefits to persons.

2019-09-27
US Personal Income Rises 0.4% MoM in August
Personal income in the United States increased 0.4 percent month-over-month in August 2019, following a 0.1 percent increase in July and matching market expectations. Increases in wages and salaries, nonfarm proprietors’ income, and personal current transfer receipts were partially offset by a decrease in personal interest income. Wages and salaries, the largest component of personal income, went up 0.6 percent in August after increasing 0.2 percent in July. Meantime, disposable personal income rose 0.5 percent, the most since February, following a 0.3 percent gain in the prior month.

2019-08-30
US Personal Income Grows the Least in Nearly a Year
Personal income in the United States increased 0.1 percent month-over-month in July of 2019, following an upwardly revised 0.5 percent gain in June and below market expectations of a 0.3 percent rise. This is the smallest gain in personal income since last September, as increases in compensation of employees and government social benefits to persons were partially offset by a decrease in personal interest income. Wages and salaries, the largest component of personal income, increased 0.2 percent in July, following a 0.5 percent rise in the prior month.

2019-07-30
US Personal Income Rises 0.4% MoM in June
Personal income in the United States advanced 0.4 percent month-over-month in June of 2019, the same pace as in each of the previous three months and in line with market expectations. The increase in personal income in June primarily reflected increases in wages and salaries, government social benefits to persons, and supplements to wages and salaries. Wages and salaries, the largest component of personal income, increased 0.5 percent in June after increasing 0.2 percent in May.

2019-06-28
US Personal Income Rises More than Expected
Personal income in the United States advanced 0.5 percent month-over-month in May 2019, the same pace as in April and beating market expectations of a 0.3 percent rise. The increase in personal income in May primarily reflected increases in personal interest income, wages and salaries, and government social benefits to persons.


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.

United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 99.10 99.30 111.40 51.70 points [+]
Retail Sales MoM 0.30 0.30 6.70 -3.90 percent [+]
Retail Sales YoY 5.80 3.30 11.20 -11.50 percent [+]
Retail Sales Ex Autos 0.70 0.00 2.60 -4.00 percent [+]
Consumer Spending 13353.12 13250.04 13353.12 1403.69 USD Billion [+]
Disposable Personal Income 16702.70 16615.00 16702.70 351.54 USD Billion [+]
Personal Spending 0.40 0.30 2.80 -2.10 percent [+]
Personal Income 0.50 0.10 4.60 -4.70 percent [+]
Personal Savings 7.90 7.80 17.30 2.20 percent [+]
Consumer Credit 12.51 18.98 116.79 -111.95 USD Billion [+]
Private Sector Credit 9996.19 9970.48 9996.19 39.04 USD Billion [+]
Bank Lending Rate 4.75 4.75 20.50 2.00 percent [+]
Economic Optimism Index 57.40 57.00 62.90 35.80 [+]
Redbook Index 5.30 5.00 9.30 -5.80 percent [+]
Chain Store Sales 4386.00 3101.00 15875.00 2632.00 USD Million [+]
Gasoline Prices 0.67 0.69 1.07 0.24 USD/Liter [+]
Households Debt To GDP 75.00 74.90 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 [+]