[Economic Indicators January, 1998]
[Page Number 6]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
DISPOSITION OF PERSONAL INCOME

According to advance estimates, per capita disposable personal income in 
chained (1992) dollars rose at an annual rate of 3.8 percent in the 
fourth quarter of 1997.
________________________________________________________________________


________________________________________________________________________

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                          Dispos-      Per capita         Per capita                                            
                                                                                                           able        disposable          personal        Percent                              
                                                            Less:                                        personal   personal  income     consumption     change  in   Saving as                 
                                                          Personal    Equals:      Less:      Equals:    income in ------------------    expenditures     real  per  percent of    Population,  
                    Period                      Personal   tax and  Disposable    Personal    Personal   billions                    -------------------   capita    disposable  including Armed
                                                 income    nontax     personal  outlays \1\   saving        of               Chained                     disposable    personal  Forces overseas
                                                          payments    income                              chained   Current   (1992)  Current   Chained    personal    income    (thousands) \2\
                                                                                                          (1992)    dollars           dollars   (1992)     income                               
                                                                                                          dollars            dollars            dollars                                         
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                                                                                
(4)Billions of dollars                                                                                                                                                                          
(3)Dollars                                                                                                                                                                                      
(1)Percent                                                                                                                                                                                      
                                                                                                                                                                                                
                                               ----------------------------------------------------------------------------------------------------------------------------------               
1990..........................................   4,804.2     624.8    4,179.4      3,958.1      221.3     4,498.2    16,721   17,996   15,360   16,532          0.8        5.3        249,956   
1991..........................................   4,981.6     624.8    4,356.8      4,097.4      259.5     4,500.0    17,242   17,809   15,732   16,249         -1.0        6.0        252,680   
1992..........................................   5,277.2     650.5    4,626.7      4,341.0      285.6     4,626.7    18,113   18,113   16,520   16,520          1.7        6.2        255,432   
1993..........................................   5,519.2     690.0    4,829.2      4,580.7      248.5     4,703.9    18,706   18,221   17,273   16,825           .6        5.1        258,161   
1994..........................................   5,791.8     739.1    5,052.7      4,842.1      210.6     4,805.1    19,381   18,431   18,093   17,207          1.2        4.2        260,705   
1995..........................................   6,150.8     795.1    5,355.7      5,101.1      254.6     4,964.2    20,349   18,861   18,837   17,460          2.3        4.8        263,194   
1996..........................................   6,495.2     886.9    5,608.3      5,368.8      239.6     5,076.9    21,117   19,116   19,608   17,750          1.4        4.3        265,579   
1997p.........................................   6,874.4     987.9    5,886.6      5,661.0      225.6     5,222.7    21,976   19,497   20,490   18,179          2.0        3.8        267,869   
                                               ----------------------------------------------------------------------------------------------------------------------                           
                                                                                                        Seasonally adjusted annual rates                                                        
                                                                                                                                                                                                
                                               ----------------------------------------------------------------------------------------------------------------------                           
1994:I........................................   5,516.3     712.9    4,903.4      4,738.2      165.2     4,715.3    18,878   18,154   17,774   17,092         -5.5        3.4        259,738   
      II......................................   5,766.6     750.5    5,016.1      4,803.3      212.8     4,792.8    19,267   18,409   17,978   17,178          5.7        4.2        260,351   
      III.....................................   5,838.1     739.9    5,098.2      4,876.1      222.1     4,827.3    19,530   18,493   18,199   17,232          1.8        4.4        261,040   
      IV......................................   5,946.1     753.0    5,193.1      4,950.7      242.4     4,884.9    19,844   18,667   18,419   17,326          3.8        4.7        261,692   
                                                                                                                                                                                                
1995:I........................................   6,053.1     766.5    5,286.6      5,007.3      279.2     4,938.9    20,160   18,834   18,578   17,356          3.6        5.3        262,235   
      II......................................   6,114.8     795.1    5,319.6      5,074.3      245.4     4,940.9    20,239   18,798   18,774   17,438          -.8        4.6        262,847   
      III.....................................   6,179.1     798.9    5,380.2      5,136.4      243.8     4,973.0    20,416   18,871   18,938   17,505          1.6        4.5        263,527   
      IV......................................   6,256.2     820.0    5,436.2      5,186.3      249.9     5,003.9    20,579   18,942   19,055   17,540          1.5        4.6        264,169   
                                                                                                                                                                                                
1996:I........................................   6,359.4     840.0    5,519.4      5,261.3      258.1     5,047.6    20,853   19,071   19,291   17,642          2.8        4.7        264,680   
      II......................................   6,461.3     887.8    5,573.5      5,347.8      225.7     5,061.3    21,012   19,081   19,562   17,765           .2        4.1        265,258   
      III.....................................   6,541.9     897.3    5,644.6      5,390.6      254.0     5,094.8    21,229   19,161   19,660   17,745          1.7        4.5        265,887   
      IV......................................   6,618.4     922.6    5,695.8      5,475.4      220.4     5,103.8    21,373   19,152   19,919   17,848          -.2        3.9        266,491   
                                                                                                                                                                                                
1997:I........................................   6,746.2     955.7    5,790.5      5,574.6      215.9     5,161.1    21,689   19,331   20,247   18,046          3.8        3.7        266,987   
      II......................................   6,829.1     979.2    5,849.9      5,602.8      247.0     5,200.9    21,865   19,439   20,303   18,051          2.3        4.2        267,545   
      III.....................................   6,906.9     998.0    5,908.9      5,700.8      208.2     5,234.1    22,034   19,518   20,612   18,258          1.6        3.5        268,171   
      IV p....................................   7,015.4   1,018.5    5,996.9      5,765.8      231.1     5,294.8    22,312   19,700   20,796   18,361          3.8        3.9        268,772   
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

    \1\ Includes personal 
consumption expenditures, interest 
paid by persons, and personal 
transfer payments to rest of the 
world (net).
    \2\ Annual data are averages of 
quarterly data, which are averages 
for the period.
    Source: Department of Commerce 
(Bureau of Economic Analysis and 
Bureau of the Census).