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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

December 01, 2022

(Oct 2022 vs. Sep 2022, seasonally adjusted)


The US Bureau of Economic Analysis reports that US personal income increased $155.3 billion, or 0.7%. 

US personal disposable income increased $133.0 billion, or 0.7%.

In real per capita terms, US disposable personal income increased 0.3%.

US personal consumption expenditures increased $147.9 billion, or 0.8%.

Personal savings (disposable personal income minus personal consumer expenditures, interest paid, and transfers to government and the rest of the world) decreased $21.3 billion, or 4.8%.

The personal savings rate was 2.3% of disposable income, down from 2.4%.




US Bureau of Economic Analysis. Press release, September 2022

Data retrieved from FRED, Federal Bank of St Louis, Table 2.6. Personal Income and Its Disposition, Monthly NIPA



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