Personal Income & Spending Rose in October

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Personal Income & Spending Rose in October

Washington, DC, November 29, 2018-Personal income increased $84.9 billion (0.5%) in October, according to estimates released by the Bureau of Economic Analysis. 

Disposable personal income (DPI) increased $81.7 billion (0.5%), and personal consumption expenditures (PCE) increased $86.9 billion (0.6%).

Real DPI increased 0.3% in October, and Real PCE increased 0.4%. The PCE price index increased 0.2%. Excluding food and energy, the PCE price index increased 0.1%.