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December 21, 2018

Personal income increased 0.2 percent in November after increasing 0.5 percent in October. Wages and salaries, the largest component of personal income, increased 0.2 percent in November after increasing 0.4 percent in October.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.2 percent in November after increasing 0.5 percent in October.Personal Income Table, November 2018

Real DPI, disposable personal income adjusted for inflation, increased 0.2 percent in November after increasing 0.3 percent in October.

Real consumer spending (PCE), spending adjusted for price changes, increased 0.3 percent in November after increasing 0.6 percent in October. Spending on durable goods increased 0.9 percent in November after increasing 0.7 percent in October.

PCE prices increased 0.1 percent in November after increasing 0.2 percent in October. Excluding food and energy, PCE prices increased 0.1 percent in November, the same increase as in October.

Personal saving rate
Personal saving as a percent of DPI was 6.0 percent in November and 6.1 percent in October.

For more information, read the full report.

Real Disposable Personal Income and Real Consumer Spending, November 2018

Real Disposable Personal Income and Real Consumer Spending, November 2018