US personal income rose by 0.3% from the previous month in November 2024, the smallest increase in three months, following an upwardly revised 0.7% rise in October and slightly below market forecasts of a 0.4% advance. It primarily reflected an increase in compensation (0.6% vs 0.5% in October), of which wages and salaries (0.6% vs 0.5%) and supplements (0.5% vs 0.5%), which partly offset decreases in personal income receipts on assets (-0.1% vs 1%) and personal current transfer receipts (-0.1% vs 0.9%). Meanwhile, the disposable personal income went up 0.3%, following a 0.7% rise in October. Real disposable personal income was also weaker, up 0.2%, following a 0.5% gain in October. source: U.S. Bureau of Economic Analysis

Personal Income in the United States increased 0.30 percent in November of 2024 over the previous month. Personal Income in the United States averaged 0.53 percent from 1959 until 2024, reaching an all time high of 20.80 percent in March of 2021 and a record low of -12.90 percent in April of 2021. This page provides the latest reported value for - United States Personal Income - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Personal Income - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.

Personal Income in the United States increased 0.30 percent in November of 2024 over the previous month. Personal Income in the United States is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-27 03:00 PM
Personal Income MoM
Oct 0.6% 0.3% 0.3% 0.3%
2024-12-20 01:30 PM
Personal Income MoM
Nov 0.3% 0.7% 0.4% 0.4%
2025-01-31 01:30 PM
Personal Income MoM
Dec 0.3% 0.4% 0.3%


Related Last Previous Unit Reference
Consumer Spending 16113.00 15967.30 USD Billion Sep 2024
Disposable Personal Income 21995.10 21934.00 USD Billion Nov 2024
Personal Income MoM 0.30 0.70 percent Nov 2024
Personal Savings 4.40 4.50 percent Nov 2024
Personal Spending MoM 0.40 0.40 percent Nov 2024

United States Personal Income
Personal Income refers to the income that persons receive in return for their provision of labor, land, and capital used in current production, plus current transfer receipts less contributions for government social insurance.
Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.70 20.80 -12.90 1959 - 2024 percent Monthly
Current Prices, SA


News Stream
US Personal Income Rises Less Than Expected
US personal income rose by 0.3% from the previous month in November 2024, the smallest increase in three months, following an upwardly revised 0.7% rise in October and slightly below market forecasts of a 0.4% advance. It primarily reflected an increase in compensation (0.6% vs 0.5% in October), of which wages and salaries (0.6% vs 0.5%) and supplements (0.5% vs 0.5%), which partly offset decreases in personal income receipts on assets (-0.1% vs 1%) and personal current transfer receipts (-0.1% vs 0.9%). Meanwhile, the disposable personal income went up 0.3%, following a 0.7% rise in October. Real disposable personal income was also weaker, up 0.2%, following a 0.5% gain in October.
2024-12-20
US Personal Income Rises the Most in 7 Months
US personal income rose by 0.6% from the previous month to $24.96 trillion in October 2024, the biggest rise in seven months, compared to 0.3% in September, and expectations of 0.3%. It primarily reflected increases in compensation (0.5% vs 0.4% in September), of which wages and salaries (0.5% vs 0.4%) and supplements (0.4% vs 0.4%); personal income receipts on assets (1% vs -0.1%), namely interest income (0.6% vs -0.5%) and dividend income (1.3% vs 0.4%); and personal current transfer receipts (0.7% vs 0.7%). Meanwhile, disposable personal income went up 0.7%, much higher than 0.3% in September. Real disposable personal income was also stronger, up 0.4%, following a 0.1% gain in September. Figures extended the view of a strong US economy despite the prolonged period of high borrowing costs.
2024-11-27
US Personal Income Accelerates
US personal income rose by 0.3% from the previous month to $24.948 trillion in September of 2024, in line with market expectations and picking up from the 0.2% increase in the previous month, extending the view of a strong US economy despite the prolonged period of tight credit conditions. Compensation for employees continued to rise sharply (0.5% vs 0.5%), in line with the increase in rental income of persons with capital consumption adjustment (0.5% vs 0.5%) and personal current transfer receipts (0.4% vs 0.3%). These were enough to offset declines in personal income receipts on assets (-0.2% vs -0.8%), and proprietors’ income with inventory valuation and capital consumption adjustments (-0.4% vs 0.1%).
2024-10-31