Government of Nova Scotia, Canada
Header - Service Directory

Use the Services Directory to quickly access information on all of the services provided by the NS Department of Finance.

Home > Economics and Statistics > Archived Daily Stats > Selected Archived Daily Stats Article
The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.

<--- Return to Archive

For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

November 27, 2019
US PERSONAL INCOME AND OUTLAY, OCTOBER 2019

The US Bureau of Economic Analysis reports that US personal income increased $3.3 billion, or less than 0.1 per cent in October 2019 (seasonally adjusted levels at annualized rates).

"The increase in personal income in October primarily reflected an increase in wages and salaries that was partially offset by decreases in personal interest income and in farm proprietors’ income. BEA adjusted October wages and salaries upward by $7.2 billion (at an annual rate) to account for strike pay and payments associated with contract ratification for members of the United Automobile Workers."

US personal disposable income decreased $12.6 billion, or 0.1 per cent in October 2019 to $16.6 trillion.

In real per capita terms, US disposable personal income decreased $145.0 billion (Chained 2012 dollars) or 0.3 per cent in October 2019.

US personal consumption expenditures increased $39.7 billion, or 0.3 per cent in October 2019

Personal savings (disposable personal income minus personal consumer expenditures, interest paid, and transfers to government and the rest of the world) decreased $55.7 billion in October 2019 to $1.287 trillion.

The personal savings rate was 7.8 per cent of disposable income.  

Personal Outlays increased $43.1 billion in October 2019.

Source: US Bureau of Economic Analysis 

Press Release and Table 2.6. Personal Income and Its Disposition, Monthly NIPA



<--- Return to Archive