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IWS Documented News Service

_______________________________

Institute for Workplace Studies----------------- Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor---------------------- Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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PERSONAL INCOME AND OUTLAYS, AUGUST 2013 [27 September 2013]

http://www.bea.gov/newsreleases/national/pi/2013/pi0813.htm

or

http://www.bea.gov/newsreleases/national/pi/2013/pdf/pi0813.pdf

[full-text, 11 pages]

or

http://www.bea.gov/newsreleases/national/pi/2013/xls/pi0813.xls

[spreadsheet]

and

Highlights

http://www.bea.gov/newsreleases/national/pi/2013/pdf/pi0813_fax.pdf

 

 

Personal income increased $57.2 billion, or 0.4 percent, and disposable personal income (DPI)

increased $56.2 billion, or 0.5 percent, in August, according to the Bureau of Economic Analysis.

Personal consumption expenditures (PCE) increased $34.5 billion, or 0.3 percent.  In July, personal

income increased $21.2 billion, or 0.2 percent, DPI increased $32.7 billion, or 0.3 percent, and

PCE increased $18.3 billion, or 0.2 percent, based on revised estimates.

 

Real disposable personal income increased 0.3 percent in August, compared with an increase of 0.2

percent in July.  Real PCE increased 0.2 percent, compared with an increase of 0.1 percent.

 

[tables]

 

                                 Wages and salaries

 

Private wages and salaries increased $28.5 billion in August, in contrast to a decrease of $10.9 billion

in July.  Goods-producing industries' payrolls increased $7.9 billion, in contrast to a decrease of $4.6 billion;

manufacturing payrolls increased $6.4 billion, in contrast to a decrease of $5.1 billion.  Services-producing

industries' payrolls increased $20.5 billion, in contrast to a decrease of $6.3 billion.

 

Government wages and salaries increased $2.0 billion in August, in contrast to a decrease of $7.6 billion in July.

Government wages were reduced by $7.3 billion in August and $7.7 billion in July due to furloughs that impacted

several federal government agencies.

 

AND MUCH MORE...including TABLES....

 

 

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