Personal Income and Personal Spending in United States

It is an indicator of the level of life of consumers, as measured by their income and expenses. The official source provides information on Personal Income, Personal Income Available, and in turn Private consumption, in a single report and day. Similarly, it included Price Index of Personal Spending (PCE index for short), which measures the average price development of private spending on consumer goods.

Data were obtained through administrative records of unemployment benefits programs, programs of social security, fiscal action programs among others. Other sources of information are censuses of agriculture carried out by the Department of Agriculture or the population and household census conducted by the Department of Commerce.

It is a good indicator of the evolution of the economy as a whole, also allows governments to make decisions on social and fiscal policy. Employers use this information to conduct market assessments where they wish to locate, expand or contract their activities.

Data can be changed after revised so caution should be exercised when interpreting them.