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[IWS] BEA: PERSONAL INCOME AND OUTLAYS, DECEMBER 2014 [2 February 2015]
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
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PERSONAL INCOME AND OUTLAYS, DECEMBER 2014 [2 February 2015]
[full-text, 11 pages]
Personal income increased $41.3 billion, or 0.3 percent, and disposable personal income (DPI) increased $35.8 billion,
or 0.3 percent, in December, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE)
decreased $40.0 billion, or 0.3 percent. In November, personal income increased $47.2 billion, or 0.3 percent, DPI
increased $34.2 billion, or 0.3 percent, and PCE increased $58.8 billion, or 0.5 percent, based on revised estimates.
Real DPI increased 0.5 percent in December, compared with an increase of 0.4 percent in November. Real PCE decreased
0.1 percent, in contrast to an increase of 0.7 percent. The price index for PCE decreased 0.2 percent in December,
the same decrease as in November.
AND MUCH MORE...including TABLES....
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