[Economic Indicators November, 1999]
[Page Number 5]
[From the U.S. Government Publishing Office, www.gpo.gov]
SOURCES OF PERSONAL INCOME
Personal income rose $100.4 billion (annual rate) in October, following
an increase of $3.4 billion in September. Wages and salaries increased
$29.4 billion in October, following an increase of $17.3 billion in
September. Personal income for October and September was affected by
several special factors. In October, personal income was boosted by
Federal farm subsidy payments and union contract signing bonuses in
several manufacturing industries. In September, personal income was
reduced by uninsured losses due to the effects of Hurricane Floyd.
Excluding special factors, personal income increased $35.7 billion in
October, and $21.4 billion in September.
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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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1990 .............................................................. 4,903.2 2,754.6 390.0 31.1 349.9 49.1 165.4 772.4 594.4 203.7
1991 .............................................................. 5,085.4 2,824.2 415.6 26.4 357.8 56.4 178.3 771.8 669.9 215.1
1992 .............................................................. 5,390.4 2,982.6 449.5 32.7 401.7 63.3 185.3 750.1 751.7 226.6
1993 .............................................................. 5,610.0 3,085.2 482.8 30.1 431.7 90.9 203.0 725.5 798.6 237.8
1994 .............................................................. 5,888.0 3,236.7 507.5 31.9 444.6 110.3 234.7 742.4 833.9 254.1
1995 .............................................................. 6,200.9 3,424.7 497.0 22.2 475.5 117.9 254.0 792.5 885.9 268.8
1996 .............................................................. 6,547.4 3,626.5 490.0 34.3 510.5 129.7 297.4 810.6 928.8 280.4
1997 .............................................................. 6,951.1 3,888.9 500.9 29.5 549.1 130.2 333.4 854.9 962.4 298.1
1998 .............................................................. 7,358.9 4,186.0 515.7 25.1 581.0 137.4 348.3 897.8 983.6 315.9
1998:Oct .......................................................... 7,481.5 4,272.0 520.6 29.6 592.4 143.3 350.6 906.8 986.9 320.6
Nov ......................................................... 7,556.5 4,301.1 522.1 60.0 595.3 150.9 351.9 906.3 991.1 322.2
Dec ......................................................... 7,554.5 4,318.8 523.6 33.7 600.3 146.7 353.2 906.2 995.1 323.1
1999:Jan .......................................................... 7,599.0 4,350.7 526.1 33.6 603.7 147.6 354.6 905.8 1,004.7 327.7
Feb ......................................................... 7,636.4 4,377.9 528.1 33.7 608.0 148.8 356.0 906.8 1,006.6 329.3
Mar ......................................................... 7,655.3 4,385.8 529.8 30.1 610.8 149.3 357.6 909.6 1,012.0 329.6
Apr ......................................................... 7,692.7 4,410.4 531.3 30.1 618.4 148.6 359.3 914.3 1,011.3 331.1
May ......................................................... 7,721.8 4,432.1 533.0 27.3 619.4 147.3 361.2 921.0 1,013.0 332.3
June ........................................................ 7,783.3 4,455.4 534.8 45.0 625.8 150.5 363.0 926.2 1,016.4 333.7
July r....................................................... 7,805.2 4,491.4 536.8 23.7 629.4 146.3 364.9 930.4 1,018.1 335.7
Aug r........................................................ 7,837.0 4,509.0 538.6 21.6 634.4 146.2 367.0 933.6 1,023.2 336.7
Sept r....................................................... 7,840.4 4,526.3 540.3 18.9 633.0 130.2 369.0 936.2 1,024.1 337.6
Oct p........................................................ 7,940.8 4,555.7 542.1 53.8 638.4 152.4 371.1 939.2 1,027.2 339.3
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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.
Source: Department of Commerce,
Bureau of Economic Analysis.