Personal Income and Outlays, October 2020

October 2020
September 2020

Personal income decreased 0.7 percent while consumer spending increased 0.5 percent in October as federal economic recovery payments and pandemic-related assistance programs continued to wind down.

  • Current release: November 25, 2020
  • Next release: December 23, 2020

What is Personal Income?

Income that people get from wages and salaries, Social Security and other government benefits, dividends and interest, business ownership, and other sources. These statistics can offer clues to Americans' financial health and future consumer spending.

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 What is Personal Income?

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