[Economic Indicators April, 1995]
[Page Number 5]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
SOURCES OF PERSONAL INCOME

Personal income rose $34.2 billion (annual rate) in March, following an 
increase of $29.2 billion in February. The changes were affected by two 
special factors: Changes in subsidy payments to farm proprietors and 
changes in bonus payments to employees in the motor vehicle industry. 
Excluding these special factors, personal income increased $22.4 billion 
in March and $13.6 billion in February.
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                                                             [Billions of dollars; monthly data at seasonally adjusted annual rates]                                                            
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                                                                                                       Proprietors'                                                        Less:                
                                                        Total                                           income \3\         Rental    Personal  Personal                   Personal      Nonfarm 
                       Period                          personal   Wage and salary     Other labor  --------------------  income of   dividend  interest    Transfer    contributions   personal 
                                                        income   disbursements \1\  income \1\ \2\                      persons \4\   income    income   payments \5\    for social   income \6\
                                                                                                      Farm     Nonfarm                                                   insurance              
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1986................................................    3,590.4        2,105.4             200.7        22.3     261.5         8.7      104.7     531.7        517.8         162.1      3,545.6 
1987................................................    3,802.0        2,261.2             210.4        31.3     279.0         3.2      100.4     548.1        542.2         173.6      3,749.4 
1988................................................    4,075.9        2,443.0             230.5        30.9     293.4         4.3      108.4     583.2        576.7         194.5      4,023.9 
1989................................................    4,380.3        2,586.4             251.9        40.2     307.0       -13.5      126.5     668.2        625.0         211.4      4,318.0 
1990................................................    4,673.8        2,745.0             274.3        41.9     321.4       -14.2      144.4     698.2        687.6         224.9      4,608.6 
1991................................................    4,860.3        2,816.1             299.0        36.7     339.5       -10.5      150.5     695.1        770.1         236.2      4,801.8 
1992................................................    5,154.3        2,974.8             328.7        44.4     374.4        -5.5      161.0     665.2        860.2         248.7      5,089.4 
1993................................................    5,375.1        3,080.8             355.3        37.3     404.3        24.1      181.3     637.9        915.4         261.3      5,316.6 
1994................................................    5,701.7        3,279.0             381.0        39.5     434.2        27.7      194.3     664.0        963.4         281.4      5,639.4 
                                                                                                                                                                                                
1994: Mar...........................................    5,607.5        3,220.1             375.0        48.8     429.0        38.4      187.1     634.4        951.5         276.9      5,536.4 
      Apr ..........................................    5,639.4        3,241.4             376.7        46.9     430.2        35.0      189.9     642.0        955.9         278.5      5,570.1 
      May ..........................................    5,665.4        3,263.4             378.4        38.8     432.1        34.6      191.8     649.3        957.1         280.2      5,604.0 
      June .........................................    5,674.9        3,267.0             380.1        32.3     433.5        32.6      193.4     656.9        960.0         280.9      5,619.9 
      July .........................................    5,704.4        3,282.6             381.9        30.0     434.4        32.4      195.1     665.1        964.9         282.0      5,651.6 
      Aug ..........................................    5,730.6        3,289.0             383.7        29.6     437.6        32.6      197.0     674.0        969.8         282.6      5,678.1 
      Sept .........................................    5,768.4        3,310.2             385.5        30.0     439.4        32.7      198.8     683.6        972.3         284.1      5,715.5 
      Oct...........................................    5,844.7        3,351.6             387.1        49.0     441.4        31.4      200.8     692.5        977.1         286.2      5,772.5 
      Nov...........................................    5,841.8        3,349.3             388.7        35.1     443.5        29.5      202.8     701.2        977.7         286.1      5,783.3 
      Dec...........................................    5,883.5        3,368.3             390.3        41.1     447.0        26.1      204.4     709.6        984.2         287.4      5,818.7 
                                                                                                                                                                                                
1995: Jan r.........................................    5,932.2        3,392.9             398.1        36.0     448.4        26.9      204.8     717.3      1,000.7         292.9      5,872.5 
      Feb r.........................................    5,961.4        3,404.5             399.6        42.8     448.6        25.7      205.4     724.6      1,004.1         293.8      5,894.8 
      Mar p.........................................    5,995.6        3,412.1             401.1        56.4     449.2        24.2      206.4     731.6      1,009.1         294.4      5,915.3 
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    \1\ The total of wage and salary 
disbursements and other labor income 
differs from compensation of 
employees (see p. 4) in that it 
excludes employer contributions for 
social insurance and the excess of 
wage accruals over wage 
disbursements.
    \2\ Consists primarily of 
employer contributions to private 
pension and private welfare funds.
    \3\ With inventory valuation and 
capital consumption adjustments.
    \4\ With capital consumption 
adjustment.
    \5\ Consists mainly of social 
insurance benefits, direct relief, 
and veterans payments.
    \6\ Personal income exclusive of 
farm proprietors' income, farm 
wages, farm other labor income, and 
agricultural net interest.

    Source: Department of Commerce, 
   Bureau of Economic Analysis.