BEA News: Personal Income and Outlays, September 2021

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

Personal income decreased $216.2 billion, or 1.0 percent at a monthly rate, while consumer spending increased $93.4 billion, or 0.6 percent, in September. The decrease in personal income primarily reflected the winding down of pandemic-related assistance programs. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 7.5 percent in September, compared with 9.2 percent in August.

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

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