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Economic Indicators- Major Economic Indicators Latest NumbersConsumer Price Index (CPI): +0.2% in Jan 2010 News Release Historical Data Unemployment Rate: 9.7% in Jan 2010 News Release Historical Data Payroll Employment: -20,000(p) in Jan 2010 News Release Historical Data Average Hourly Earnings: +$0.04(p) in Jan 2010 News Release Historical Data Producer Price Index (PPI): +1.4%(p) in Jan 2010 News Release Historical […]
- Major Economic Indicators Latest Numbers
- Consumer News
- Toyota to Provide Additional Services to New York Customers Affected by Recent RecallsToyota Motor Sales, U.S.A., Inc. announced that it would provide additional services for New York Toyota and Lexus customers who are affected by Toyota’s recent recalls. These services are available to Toyota and Lexus owners in New York affected by current recalls involving sticking accelerator pedals, floor mat pedal entrapment, anti-lock brake system soft […]
- Toyota to Provide Additional Services to New York Customers Affected by Recent Recalls
- Economic Analysis
- Personal Income and Outlays, January 2010Personal income increased $11.4 billion, or 0.1 percent, and disposable personal income (DPI) decreased $47.6 billion, or 0.4 percent, in January, according to the Bureau of Economic Analysis. The decrease in DPI reflected an increase in federal nonwithheld income taxes. Personal consumption expenditures (PCE) increased $52.4 billion, or 0.5 percent. In Dece […]
- Personal Income and Outlays, January 2010
- Budget Office
- Using a Different Measure of Inflation for Indexing Federal Programs and the Tax CodeFederal laws try to protect taxpayers and recipients of government benefits from the effects of rising prices by specifying that dollar amounts in many parts of the tax code and in some programs be automatically adjusted—or indexed—for inflation. Without such indexing, a rise in the general level of prices would alter the effects of federal [...] […]
- Using a Different Measure of Inflation for Indexing Federal Programs and the Tax Code
- Economic Outlook
- S. 1759, Water Transfer Facilitation Act of 2009Cost estimate for the bill as ordered reported by the Senate Committee on Energy and Natural Resources on December 16, 2009 […]
- H.R. 4691, Temporary Extension Act of 2010Cost estimate for the bill as introduced on February 25, 2010. […]
- S. 409, Southeast Arizona Land Exchange and Conservation Act of 2009Cost estimate for the bill as ordered reported by the Senate Committee on Energy and Natural Resources on December 16, 2009 […]
- S. 2889, Surface Transportation Board Reauthorization Act of 2009Cost estimate for the bill as ordered reported by the Senate Committee on Commerce, Science, and Transportation on December 17, 2009 […]
- S. 1147, Prevent All Cigarette Trafficking Act of 2009Cost estimate for the bill as reported by the Senate Committee on the Judiciary on November 19, 2009 […]
- S. 1759, Water Transfer Facilitation Act of 2009
Personal Income 2010
PERSONAL INCOME AND OUTLAYS: JANUARY 2010
Personal income increased $11.4 billion, or 0.1 percent, and disposable personal income (DPI) decreased $47.6 billion, or 0.4 percent, in January, according to the Bureau of Economic Analysis. The decrease in DPI reflected an increase in federal nonwithheld income taxes. Personal consumption expenditures (PCE) increased $52.4 billion, or 0.5 percent. In December, personal income increased $41.2 billion, or 0.3 percent, DPI increased $40.3 billion, or 0.4 percent, and PCE increased $26.4 billion, or 0.3 percent, based on revised estimates.
Real disposable income decreased 0.6 percent in January, in contrast to an increase of 0.2 percent in December. Real PCE increased 0.3 percent, compared with an increase of 0.1 percent.
Wages and salaries
Private wage and salary disbursements increased $16.1 billion in January, compared with an increase of $2.3 billion in December. Goods-producing industries’ payrolls increased $5.2 billion, in contrast to a decrease of $3.2 billion; manufacturing payrolls increased $5.0 billion, in contrast to a decrease of $1.5 billion. Services-producing industries’ payrolls increased $10.8 billion, compared with an increase of $5.5 billion.
Government wage and salary disbursements increased $6.1 billion, compared with an increase of $2.7 billion. Pay raises for federal civilian and military personnel added $7.1 billion to government payrolls in January.
Personal outlays and personal saving
Personal outlays — PCE, personal interest payments, and personal current transfer payments — increased $53.0 billion in January, compared with an increase of $21.6 billion in December. PCE increased $52.4 billion, compared with an increase of $26.4 billion.
Personal saving — DPI less personal outlays — was $367.2 billion in January, compared with $467.9 billion in December. Personal saving as a percentage of disposable personal income was 3.3 percent in January, compared with 4.2 percent in December. For a comparison of personal saving in BEA’s national income and product accounts with personal saving in the Federal Reserve Board’s flow of funds accounts and data on changes in net worth, go to http://www.bea.gov/national/nipaweb/Nipa-Frb.asp.