U.S. January Personal Income and Spending: Summary

By Kristy Scheuble

March 2 (Bloomberg) -- Following is a summary of the U.S. personal income and spending report for Jan. released by the Commerce Department.

===============================================================================
                 Jan.    Dec.    Nov.    Oct.    Sept.   Aug.    July    Jan.
                 2009    2008    2008    2008    2008    2008    2008    YOY
===============================================================================
                  -----------------Based on Current Dollars-----------------
Personal income     0.4%   -0.2%   -0.4%    0.0%    0.1%    0.3%   -0.8%   1.9%
Compensation       0.0%   -0.3%   -0.2%    0.1%    0.0%    0.4%    0.3%   1.0%
 Wage & salary    -0.2%   -0.4%   -0.3%    0.0%    0.0%    0.4%    0.3%   0.6%
Disposable incom   1.7%   -0.2%   -0.3%    0.1%    0.2%   -1.0%   -0.9%   4.0%
Personal spending   0.6%   -1.0%   -0.8%   -1.2%   -0.4%   -0.2%   -0.1%  -1.0%
 3-mo. annual %   -8.5%   -9.1%   -6.1%   -2.8%    1.0%    4.0%    5.9%   n/a
Savings rate        5.0%    3.9%    3.1%    2.6%    1.4%    0.8%    1.7%   0.1%
                  --------------Based on Chained (2000) Dollars-------------
Personal spending   0.4%   -0.5%    0.3%   -0.8%   -0.5%   -0.1%   -0.6%  -1.6%
 3-mo. annual %   -2.3%   -4.3%   -4.7%   -4.8%   -3.8%   -2.1%    0.1%   n/a
===============================================================================
                 Jan.    Dec.    Nov.    Oct.    Sept.   Aug.    July    Jan.
                 2009    2008    2008    2008    2008    2008    2008    YOY
===============================================================================
                  --------------Based on Chained (2000) Dollars-------------
Disposable income   1.5%    0.4%    0.8%    0.5%    0.1%   -1.0%   -1.5%   3.3%
                  -----------------Price Indexes (2000=100)-----------------
Personal spending   0.2%   -0.5%   -1.1%   -0.4%    0.1%    0.0%    0.5%   0.7%
 3-mo. annual %   -6.3%   -5.0%   -1.6%    2.1%    5.0%    6.2%    5.8%   n/a
Ex-food, energy    0.1%    0.0%    0.0%    0.0%    0.1%    0.2%    0.2%   1.6%
 3-mo. annual %    0.4%    0.8%    1.4%    2.0%    2.4%    2.6%    2.4%   n/a
                    -----------------------YOY%-----------------------
PCE Deflator        0.7%    0.8%    1.6%    3.3%    4.1%    4.4%    4.5%   n/a
  (3 decimals)   0.662%  0.775%  1.579%  3.317%  4.069%  4.364%  4.468%   n/a
Ex food & energy   1.6%    1.7%    1.9%    2.1%    2.3%    2.4%    2.4%   n/a
  (3 decimals)   1.599%  1.714%  1.920%  2.058%  2.251%  2.382%  2.382%   n/a
Market Based PCE    0.4%    0.6%    1.5%    3.5%    4.3%    4.6%    4.6%   n/a
Market Core PCE     1.5%    1.7%    1.9%    2.0%    2.1%    2.2%    2.1%   n/a
                    -----------------------MOM%-----------------------
PCE Deflator        0.2%   -0.5%   -1.1%   -0.4%    0.1%    0.0%    0.5%   n/a
  (3 decimals)   0.200% -0.518% -1.090% -0.435%  0.085% -0.012%  0.548%   n/a
===============================================================================
                 Jan.    Dec.    Nov.    Oct.    Sept.   Aug.    July    Jan.
                 2009    2008    2008    2008    2008    2008    2008    YOY
===============================================================================
PCE Deflator         -----------------------MOM%-----------------------
Ex food & energy   0.1%    0.0%    0.0%    0.0%    0.1%    0.2%    0.2%   n/a
  (3 decimals)   0.120% -0.020%  0.002%  0.039%  0.146%  0.176%  0.183%   n/a
Market Based PCE    0.2%   -0.6%   -1.3%   -0.5%    0.1%    0.0%    0.6%   n/a
Market Core PCE     0.1%    0.0%    0.0%    0.1%    0.2%    0.2%    0.2%   n/a
===============================================================================
NOTE:  All figures are seasonally adjusted and month-over-month
unless otherwise stated. Three month annualized calculations are
the latest three months average compared to the previous three
months average.


SOURCE: U.S. Commerce Department.    http://www.bea.gov

To contact the reporter on this story: Kristy Scheuble in Washington at kmckeaney@bloomberg.net