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



 
SOURCES OF PERSONAL INCOME

Personal income rose $2.3 billion (annual rate) in August, following a 
rise of $37.3 billion in July. Wages and salaries fell $5.4 billion in 
August following an increase of $28.3 billion in July. Farm subsidy 
payments fell in both July and August.
  ______________________________________________________________________


  ______________________________________________________________________

                                                             [Billions of dollars; monthly data at seasonally adjusted annual rates]                                                            
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                         Proprietors'                                                       Less:               
                                                                                                           income\3\                                                       Personal             
                                                          Total     Wage and salary     Other labor  --------------------    Rental    Personal  Personal    Transfer        con-       Nonfarm 
                        Period                           personal   disbursements\1\   income\1\\2\                        income  of  dividend  interest   payments\5\   tributions   personal 
                                                          income                                        Farm     Nonfarm   persons\4\   income    income                  for social   income\6\
                                                                                                                                                                          insurance             
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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: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..............................................    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 
      Feb.............................................    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 
      Mar.............................................    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............................................    6,005.1        3,429.6             402.5        39.9     450.4        23.4      207.5     734.9      1,012.8        295.8     5,941.1 
      Mayr............................................    5,993.8        3,405.6             403.9        35.2     451.6        24.2      208.1     739.5      1,020.0        294.3     5,934.4 
      Juner...........................................    6,025.3        3,431.5             405.3        29.9     454.6        24.9      208.8     743.4      1,022.9        296.1     5,971.0 
      Julyr...........................................    6,062.6        3,459.8             406.5        28.3     457.7        24.3      210.2     745.9      1,028.1        298.1     6,009.7 
      Augp............................................    6,064.9        3,454.4             407.7        27.8     459.7        21.9      211.5     748.2      1,031.6        297.9     6,012.5 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

    \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.