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December 20, 2019US PERSONAL INCOME AND OUTLAY, NOVEMBER 2019 
The US Bureau of Economic Analysis reports that US personal income increased $101.7 billion, or 0.5 per cent in November 2019 (seasonally adjusted levels at annualized rates).
“The increase in personal income in November primarily reflected increases in compensation of employees, farm proprietors’ income, and personal interest income.” (US BEA, Dec 2019)
US personal disposable income increased $87.7 billion, or 0.5 per cent in November 2019 to $16.7 trillion.
In real per capita terms, US disposable personal income increased $146.0 billion (Chained 2012 dollars) or 0.3 per cent in November 2019.
Personal Outlays increased $68.6 billion in November 2019. The largest part of the increase was in US personal consumption expenditures which increased $64.9 billion, or 0.4 per cent in November 2019.
Personal savings (disposable personal income minus personal consumer expenditures, interest paid, and transfers to government and the rest of the world) increased $19.1 billion in November 2019 to $1.315 trillion.
The personal savings rate was 7.9 per cent of disposable income.
Source: US Bureau of Economic Analysis
Press Release and Table 2.6. Personal Income and Its Disposition, Monthly NIPA
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