According to the Friday, 8:30 A.M., September 28th release by the Bureau of Economic Analysis, Personal Income increased $15.0 Billion, or .1%, and Disposable Personal Income, DPI, increased $12.5 Billion in August 2012. PCE, Personal Consumption Expenditures, increased $57.2 Billion, or .5%.
This compares to July, when Personal Income increased $18.5 Billion, or .1% and DPI increased $15.4 Billion, or .1% and PCE, Personal Consumption Expenditures increased $45.4 Billion, or .4%.
The bureau further reported that Real Disposable income increased .3% in August compared to a .1% increase in July 2012. Real PCE increased .1%, compared to a .4% increase in July, according to the bureau.
Private wage and salary disbursements increased $4.7 billion in August, compared with an increase of $9.3 Billion in July.
Personal Income and Disposable Income Resources:
U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.
U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.
Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.
Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.
International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.
Personal Income and Disposable income resources:
Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health
U.S. Patent and Trademark Office –U.S. office to file patents to protect a companies new or existing proprietary products.
U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.
E-Network for CEOs – Online articles and much more for CEO’s
Public Radio Planet Money – All issues money related to the public.
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