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[IWS] BEA: PERSONAL INCOME AND OUTLAYS, AUGUST 2013 [27 September 2013]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
PERSONAL INCOME AND OUTLAYS, AUGUST 2013 [27 September 2013]
[full-text, 11 pages]
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.
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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