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



 
SOURCES OF PERSONAL INCOME

Personal income fell $13.0 billion (annual rate) in May, following an 
increase of $8.3 billion in April. Wages and salaries fell $18.6 billion 
in May; farm subsidy payments fell in both April and May. The change in 
April was affected by bonus payments to employees in the motor vehicle 
industry in March.
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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: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:Janr...........................................    5,930.6        3,391.1             398.1        36.1     448.7        26.8      204.8     717.2      1,000.7         292.8      5,870.8 
      Febr..........................................    5,962.7        3,406.8             399.6        42.3     449.4        25.5      205.4     724.0      1,003.7         294.0      5,896.5 
      Marr..........................................    5,992.7        3,412.2             401.1        54.8     449.6        23.8      206.4     729.5      1,009.9         294.5      5,914.1 
      Aprr..........................................    6,001.0        3,429.6             402.5        39.3     448.9        22.7      207.5     733.5      1,012.9         295.8      5,937.6 
      Mayp..........................................    5,988.0        3,411.0             403.9        35.4     447.9        22.7      208.1     735.6      1,018.0         294.7      5,928.3 
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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.