Personal income in the United States rose by 0.4 percent from a month earlier in September 2022, the same pace as in August and slightly above market expectations of 0.3 percent, primarily due to increases in compensation and personal income receipts on assets. Compensation of employees rose 0.5 percent (vs 0.3 percent in August), led by private wages and salaries (0.6 percent vs 0.3 percent). Within private wages and salaries, both services-producing industries and goods-producing industries increased. In addition, personal income receipts on assets were up 0.4 percent, the same pace as in August, reflecting increases in both interest (0.6 percent vs 0.5 percent) and dividend income (0.3 percent vs 0.2 percent). source: U.S. Bureau of Economic Analysis

Personal Income in the United States averaged 0.53 percent from 1959 until 2022, reaching an all time high of 20.70 percent in March of 2021 and a record low of -13.10 percent in April of 2021. 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 2022.

Personal Income in the United States is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Personal Income is projected to trend around 0.60 percent in 2023 and 0.30 percent in 2024, according to our econometric models.

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United States Personal Income



Calendar GMT Actual Previous Consensus TEForecast
2022-09-30 12:30 PM Aug 0.3% 0.3% 0.3% 0.2%
2022-10-28 12:30 PM Sep 0.4% 0.4% 0.3% 0.2%
2022-12-01 01:30 PM Oct 0.4% 0.4% 0.3%


Related Last Previous Unit Reference
Consumer Spending 14149.03 14099.46 USD Billion Sep 2022
Disposable Personal Income 18771.60 18700.30 USD Billion Sep 2022
Personal Spending 0.60 0.60 percent Sep 2022
Personal Income 0.40 0.40 percent Sep 2022
Personal Savings 3.10 3.40 percent Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 20.70 -13.10 1959 - 2022 percent Monthly
Current Prices, SA

News Stream
US Personal Income Rises More than Forecast
Personal income in the United States rose by 0.4 percent from a month earlier in September 2022, the same pace as in August and slightly above market expectations of 0.3 percent, primarily due to increases in compensation and personal income receipts on assets. Compensation of employees rose 0.5 percent (vs 0.3 percent in August), led by private wages and salaries (0.6 percent vs 0.3 percent). Within private wages and salaries, both services-producing industries and goods-producing industries increased. In addition, personal income receipts on assets were up 0.4 percent, the same pace as in August, reflecting increases in both interest (0.6 percent vs 0.5 percent) and dividend income (0.3 percent vs 0.2 percent).
2022-10-28
US Personal Income Rises 0.3% in August
Personal income in the United States rose by 0.3 percent from a month earlier in August 2022, the same pace as in July and in line with market expectations. Compensation of employees advanced 0.3 percent (vs 0.8 percent in July) on the back of rising wages and salaries, while proprietors' income was up 1.2 percent (vs -0.2 percent in July) supported by an increase in nonfarm income. In addition, government social benefits rose, mainly in Medicare. A 0.2 percent decline in personal interest income partially offset the monthly gains.
2022-09-30
US Personal Income Rises Less than Forecast
Personal income in the United States increased 0.2 percent from a month earlier in July of 2022, easing from an upwardly revised 0.7 percent rise in June and well below market expectations of 0.6 percent. It was still the sixth consecutive rise, primarily reflecting an increase in compensation that was partly offset by decreases in proprietors' income, personal current transfer receipts, and rental income of persons. The increase in compensation was led by private wages and salaries. The decrease in proprietors' income was mainly in nonfarm income. The decrease in personal current transfer receipts followed an increase in June that reflected a legal settlement from corporate business to persons.
2022-08-26