BEA News: Personal Income and Outlays, December 2021
January 28, 2022
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
Personal income increased $70.7 billion, or 0.3 percent at a monthly rate, while consumer spending decreased $95.2 billion, or 0.6 percent, in December. The increase in personal income primarily reflected an increase in compensation of employees. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 7.9 percent in December, compared with 7.2 percent in November.
The full text of the release on BEA’s website can be found at: www.bea.gov/news/2022/personal-income-and-outlays-december-2021
The Bureau of Economic Analysis provides this service to you at no charge. Visit us on the Web at www.bea.gov. All you will need is your e-mail address. If you have questions or need assistance, please e-mail [email protected].