BEA News: Personal Income and Outlays, November 2021

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Personal income increased $90.4 billion, or 0.4 percent at a monthly rate, while consumer spending increased $104.7 billion, or 0.6 percent, in November. The increase in personal income primarily reflected increases in compensation of employees and government social benefits. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 6.9 percent in November, compared with 7.1 percent in October.

The full text of the release on BEA’s website can be found at: www.bea.gov/news/2021/personal-income-and-outlays-november-2021

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