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March 27, 2020US PERSONAL INCOME AND OUTLAY, FEBRUARY 2020
The US Bureau of Economic Analysis reports that US personal income increased $106.8 billion, or 0.6 per cent in February 2020 (seasonally adjusted levels at annualized rates).
US personal disposable income increased $88.7 billion, or 0.5 per cent in February 2020 to $16.9 trillion.
In real per capita terms, US disposable personal income increased $188.0 (Chained 2012 dollars) or 0.4 per cent in February 2020.
US personal consumption expenditures increased $27.6 billion, or 0.2 per cent in February 2020. Personal Outlays increased $28.5 billion in February 2020.
Personal savings (disposable personal income minus personal consumer expenditures, interest paid, and transfers to government and the rest of the world) increased $60.2 billion in February 2020 to $1.385 trillion.
The personal savings rate was 8.2 per cent of disposable income, up from 7.9 in January 2020.
Source: US Bureau of Economic Analysis
Press Release and Table 2.6. Personal Income and Its Disposition, Monthly NIPA
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