TABLE-U.S. March personal income rose 0.3 pct

May 3 (BestGrowthStock) – U.S. Commerce Department personal income and spending estimates, in seasonally adjusted annual rates.

Percent Changes, current dollars

Mar Feb Jan Dec
Personal Income 0.3 0.1 0.4 0.4
Wages/Salaries 0.2 0.1 0.5 unch
Disposable Income 0.3 unch -0.2 0.5
Personal Consumption 0.6 0.5 0.3 0.4
Durables 3.6 0.8 -1.0 0.4
Nondurables 0.3 0.5 1.5 -0.4
Services 0.2 0.5 0.1 0.6
Saving Rate, pct 2.7 3.0 3.5 4.0

Percent Changes, chained 2005 dollars

Mar Feb Jan Dec
Personal Consumption 0.5 0.5 0.1 0.2
Durables 3.4 1.0 -0.3 0.6
Nondurables 0.4 0.7 0.6 -0.8
Services unch 0.4 unch 0.5
Disposable Income 0.2 unch -0.4 0.3

Percent Changes, chained 2005 dollars

Mar Feb Jan Dec
PCE Price Index 0.1 unch 0.2 0.2

0.0904 0.0099 0.1740 0.1561
Core PCE Price Index 0.1 unch unch 0.1

0.0775 0.0420 0.0036 0.1087
Mkt-based PCE Price Ind 0.1 unch 0.2 0.1
Mkt-based Core Index 0.1 0.1 unch 0.1

Percent Changes from year ago, chained 2005 dollars

Mar Feb Jan Dec
PCE Price Index 2.0 1.8 2.1 2.1
Core PCE Price Index 1.3 1.3 1.5 1.6
Mkt-based PCE Price Ind 2.0 1.8 2.1 2.2
Mkt-based Core Index 1.1 1.2 1.4 1.6

Current Dollars, in billions

Mar Feb Jan Dec
Personal Income 12,239 12,203 12,196 12,148
Wages/Salaries 6,327 6,314 6,306 6,272
Disposable Income 11,093 11,061 11,057 11,078

Personal Income by sector, current dollars, in billions

Mar Feb Jan Dec
Manufacturing 649 649 650 645
Service Industries 4,087 4,077 4,067 4,047
Government 1,201 1,199 1,198 1,191
Proprietors Income 1,066 1,063 1,066 1,068
Farm 26 31 36 41
Nonfarm 1,040 1,032 1,030 1,027
Personal Consumption 10,425 10,366 10,310 10,279
Durables 1,099 1,061 1,052 1,063
Nondurables 2,343 2,335 2,323 2,288
Services 6,983 6,970 6,936 6,928

Chained 2005 dollars, in billions

Mar Feb Jan Dec
Personal Consumption 9,419 9,375 9,325 9,312
Durables 1,184 1,145 1,133 1,137
Nondurables 2,084 2,076 2,061 2,048
Services 6,153 6,150 6,125 6,122
Disposable Income 10,023 10,003 10,000 10,036

FORECASTS:

Reuters survey of Wall Street economists forecast:

U.S. March personal income +0.3 pct

U.S. March personal spending +0.6 pct

U.S. March core pce price index +0.1 pct

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TABLE-U.S. March personal income rose 0.3 pct