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For additional information relating to this article, please contact:

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

December 23, 2022
US PERSONAL INCOME AND OUTLAY, NOVEMBER 2022

(Nov 2022 vs. Oct 2022, seasonally adjusted)

 

The US Bureau of Economic Analysis reports that US personal income increased $80.1 billion, or 0.4%.

US personal disposable income increased $68.6 billion, or 0.4%.

In real per capita terms, US disposable personal income increased 0.2%.

US personal consumption expenditures increased $19.8 billion, or 0.1%.

Personal savings (disposable personal income minus personal consumer expenditures, interest paid, and transfers to government and the rest of the world) increased $42.0 billion, or 10.0%.

The personal savings rate was 2.4% of disposable income, up from 2.2%.

 

 

SOURCE

US Bureau of Economic Analysis. Press release, November 2022

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

 

 



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