[Economic Indicators May, 1996]
[Page Number 5]
[From the U.S. Government Publishing Office, www.gpo.gov]
SOURCES OF PERSONAL INCOME
Personal income rose $29.9 billion (annual rate) in April, following an
increase of $29.8 billion in March. The increases reflect the effects of
a strike in the motor vehicle industry, which reduced wages and salaries
in that industry by about $9 billion (annual rate) in March. Other
effects of the strike cannot easily be quantified.
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[Billions of dollars; monthly data at seasonally adjusted annual rates]
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Proprietors' Less:
income\3\ Personal
Total -------------------- Rental Personal Personal con-
Period personal Wage and salary Other labor income of dividend interest Transfer tributions
income disbursements\1\ income\1\\2\ persons\4\ income income payments\5\ for
Farm Nonfarm social
insurance
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1986............................................................... 3,647.5 2,116.5 216.0 25.2 242.6 42.3 105.1 543.3 518.6 162.1
1987............................................................... 3,877.3 2,272.7 235.4 32.3 260.6 45.5 101.1 560.0 543.3 173.7
1988............................................................... 4,172.8 2,453.6 251.7 28.2 294.7 55.7 109.9 595.5 577.6 194.2
1989............................................................... 4,489.3 2,598.1 273.1 36.8 308.2 52.4 130.9 674.5 626.0 210.8
1990............................................................... 4,791.6 2,757.5 300.6 36.3 324.6 61.4 142.9 704.4 687.8 223.9
1991............................................................... 4,968.5 2,827.6 322.7 30.2 332.7 68.4 153.6 699.2 769.9 235.8
1992............................................................... 5,264.2 2,986.4 351.3 38.0 371.5 80.6 159.4 667.2 858.2 248.4
1993............................................................... 5,479.2 3,090.6 380.9 32.0 388.1 102.5 186.8 647.3 910.7 259.6
1994............................................................... 5,750.2 3,241.1 402.2 35.0 415.9 116.6 199.6 661.6 956.3 278.1
1995............................................................... 6,101.7 3,419.7 424.0 29.0 449.3 122.2 214.8 714.6 1,022.6 294.5
1995:Apr........................................................... 6,053.9 3,399.2 420.6 27.8 445.5 120.4 211.5 711.4 1,010.6 293.0
May.......................................................... 6,046.2 3,374.7 422.0 27.6 446.2 122.1 212.1 714.1 1,018.8 291.4
June......................................................... 6,085.5 3,405.9 423.4 27.4 449.7 122.3 212.9 716.4 1,021.0 293.6
July......................................................... 6,123.1 3,438.7 424.6 27.6 448.4 122.0 214.3 716.8 1,026.6 295.9
Aug.......................................................... 6,125.9 3,433.3 425.8 28.0 451.9 120.6 215.6 717.4 1,028.9 295.6
Sept......................................................... 6,157.9 3,454.8 427.2 28.8 454.2 120.2 217.4 718.3 1,034.1 297.2
Oct.......................................................... 6,187.9 3,476.5 428.7 30.4 452.9 119.5 219.5 720.9 1,038.0 298.4
Nov.......................................................... 6,207.3 3,474.5 430.2 31.9 455.0 127.4 221.9 725.4 1,039.4 298.4
Dec.......................................................... 6,246.4 3,493.7 431.7 33.2 456.9 130.7 223.8 729.3 1,046.9 299.7
1996:Janr.......................................................... 6,250.6 3,486.8 427.4 36.2 456.6 129.2 225.3 729.9 1,057.9 298.7
Febr......................................................... 6,299.8 3,524.1 429.1 38.9 460.9 126.8 226.5 730.8 1,063.8 301.3
Marr......................................................... 6,329.6 3,541.0 430.8 40.3 464.7 125.1 227.9 731.7 1,070.6 302.5
Aprp......................................................... 6,359.5 3,558.6 432.4 40.7 467.8 126.4 228.7 733.7 1,074.8 303.8
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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.
Source: Department of Commerce,
Bureau of Economic Analysis.