Personal Income and Its Disposition statistics

[In billions of dollars (394.0 represents $394,000,000,000), except percent. For definition of personal income and other components, see Terms, below table]



ITEM	1959	1960	1961	1962	1963	1964	1965	1966	1967	1968	1969	1970	1971	1972	1973	1974	1975	1976	1977	1978	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999


Personal income............................................................................	394.0	412.7	430.3	457.9	481.0	515.8	557.4	606.4	650.4	714.5	780.8	841.1	905.1	994.3	1,113.4	1,225.6	1,331.7	1,475.4	1,637.1	1,848.3	2,081.5	2,323.9	2,599.4	2,768.4	2,946.9	3,274.8	3,515.0	3,712.4	3,962.5	4,272.1	4,599.8	4,903.2	5,085.4	5,390.4	5,610.0	5,888.0	6,200.9	6,547.4	6,951.1	7,358.9	7,791.8
Wage and salary disbursements...............................................	259.8	272.8	280.5	299.3	314.8	337.7	363.7	400.3	428.9	471.9	518.3	551.5	583.9	638.7	708.7	772.6	814.6	899.5	993.9	1,120.7	1,255.8	1,377.5	1,517.2	1,593.4	1,684.7	1,854.6	1,995.4	2,114.4	2,270.2	2,452.7	2,596.8	2,754.6	2,824.2	2,982.6	3,085.2	3,236.7	3,424.7	3,626.5	3,888.9	4,186.0	4,472.3
Private industries........................................................................	213.8	223.7	228.0	243.0	254.8	272.9	293.8	321.9	342.5	375.3	412.7	434.3	457.4	501.2	560.0	611.8	638.6	710.8	791.6	901.2	1,018.7	1,116.2	1,231.7	1,286.1	1,359.8	1,507.0	1,621.7	1,717.8	1,848.0	2,001.8	2,117.1	2,237.9	2,278.6	2,414.9	2,500.3	2,632.8	2,802.0	2,985.5	3,224.4	3,493.2	3,745.8
Commodity-producing industries.........................................	109.9	113.4	114.0	122.2	127.4	136.0	146.6	161.6	169.0	184.1	200.4	203.7	209.1	228.2	255.9	276.5	277.1	309.7	346.1	392.6	442.3	472.3	514.5	514.6	527.7	586.1	620.2	636.8	660.1	706.7	732.2	754.4	746.3	765.7	780.6	824.0	863.6	908.2	975.5	1,038.7	1,082.4
Manufacturing.......................................................................	86.9	89.8	89.9	96.8	100.7	107.3	115.7	128.2	134.3	146.0	157.7	158.4	160.5	175.6	196.6	211.8	211.6	238.0	266.7	300.1	335.2	356.2	387.6	385.7	400.7	445.4	468.5	480.7	496.9	529.9	547.9	561.4	562.5	583.5	592.4	620.3	647.5	673.7	718.8	757.5	779.7
Distributive industries................................................................	65.1	68.6	69.6	73.3	76.8	82.0	87.9	95.1	101.6	110.8	121.7	131.2	140.4	153.3	170.3	186.8	198.1	219.5	242.7	274.9	308.5	336.7	368.5	385.9	405.7	445.2	476.5	501.6	535.4	575.1	606.5	633.6	646.3	680.2	697.3	738.4	782.1	822.4	879.1	944.6	1,005.8
Service industries.....................................................................	38.8	41.7	44.4	47.6	50.7	54.9	59.4	65.3	72.0	80.4	90.6	99.4	107.9	119.7	133.9	148.6	163.4	181.6	202.8	233.7	267.8	307.2	348.6	385.6	426.4	475.6	524.9	579.3	652.4	720.1	778.5	849.9	886.0	969.0	1,022.4	1,070.4	1,156.3	1,254.9	1,369.8	1,509.9	1,657.6
Government..........................................................................	46.0	49.2	52.4	56.3	60.0	64.9	69.9	78.3	86.4	96.6	105.5	117.1	126.5	137.4	148.7	160.9	176.0	188.6	202.3	219.6	237.1	261.3	285.6	307.3	325.0	347.6	373.8	396.6	422.2	450.9	479.7	516.7	545.6	567.7	584.9	603.9	622.7	641.0	664.4	692.8	726.5
Other labor income.....................................................................	13.4	14.4	15.2	16.7	18.0	20.3	22.7	25.5	28.2	32.5	36.6	41.9	48.0	55.3	62.8	73.3	87.6	105.3	125.3	143.4	162.6	185.4	204.8	222.8	238.6	262.1	282.3	298.4	319.1	336.5	360.5	390.0	415.6	449.5	482.8	507.5	497.0	490.0	500.9	515.7	535.8
Proprietors' income with
inventory valuation and capital
consumption adjustments.....................................................	51.8	51.9	54.4	56.5	57.8	60.6	65.2	69.6	71.1	75.4	78.9	79.8	86.1	97.7	115.2	115.5	121.6	134.3	148.3	170.1	183.7	177.6	186.2	179.9	195.5	247.5	267.0	278.6	303.9	338.8	361.8	381.0	384.2	434.3	461.8	476.6	497.7	544.7	578.6	606.1	658.5
Farm...........................................................................................	10.9	11.4	12.1	12.1	11.9	10.8	13.1	14.1	12.8	12.8	14.2	14.3	14.9	18.8	30.7	25.2	23.5	18.7	17.5	21.5	23.7	13.1	20.3	14.4	7.2	21.6	21.5	23.0	29.0	26.0	32.2	31.1	26.4	32.7	30.1	31.9	22.2	34.3	29.5	25.1	31.3
Nonfarm......................................................................................	40.9	40.4	42.3	44.4	45.8	49.9	52.2	55.5	58.4	62.6	64.7	65.5	71.2	78.9	84.5	90.3	98.1	115.6	130.8	148.5	160.0	164.5	165.9	165.4	188.3	225.9	245.5	255.6	274.8	312.7	329.6	349.9	357.8	401.7	431.7	444.6	475.5	510.5	549.1	581.0	627.3
Rental income of persons with
capital consumption adjustment...............................................	15.2	16.2	16.9	17.8	18.5	18.6	19.2	19.9	20.4	20.2	20.3	20.3	21.2	21.6	23.1	23.0	22.0	21.5	20.4	22.4	24.5	31.3	39.6	39.6	36.9	39.5	39.1	32.2	35.8	44.1	40.5	49.1	56.4	63.3	90.9	110.3	117.9	129.7	130.2	137.4	145.9
Personal dividend income.......................................................	12.6	13.4	13.9	15.0	16.2	18.2	20.2	20.7	21.5	23.5	24.2	24.3	25.0	26.8	29.9	33.2	32.9	39.0	44.7	50.7	57.4	64.0	73.6	76.1	83.5	90.8	97.5	106.1	112.1	129.4	154.8	165.4	178.3	185.3	203.0	234.7	254.0	297.4	333.4	348.3	364.3
Personal interest income............................................................	23.0	25.6	27.3	30.2	33.0	36.9	40.8	45.3	49.4	54.1	62.3	71.5	77.5	84.2	97.6	116.1	128.0	140.5	161.9	191.3	233.5	286.4	352.7	401.6	431.6	505.3	546.4	579.2	609.7	650.5	736.5	772.4	771.8	750.1	725.5	742.4	792.5	810.6	854.9	897.8	931.3
Transfer payments to persons.....................................................	24.2	25.7	29.5	30.3	32.0	33.2	35.9	39.6	47.6	55.6	61.6	74.3	88.2	98.0	111.9	132.3	167.5	182.3	194.6	209.3	234.2	279.0	317.2	354.2	382.2	393.4	420.9	449.0	468.6	496.9	540.4	594.4	669.9	751.7	798.6	833.9	885.9	928.8	962.4	983.6	1,018.2
Old-age, survivors, disability,
and health insurance benefits..............................................	10.2	11.1	12.6	14.3	15.2	16.0	18.1	20.8	25.5	30.2	32.9	38.5	44.5	49.6	60.4	70.1	81.4	92.9	104.9	116.2	131.8	154.2	182.0	204.5	221.7	235.7	253.4	269.2	282.9	300.5	325.2	352.1	382.4	414.0	444.4	473.0	508.0	537.6	565.8	578.1	596.4
Government unemployment
insurance benefits..................................................................	2.8	3.0	4.3	3.1	3.0	2.7	2.3	1.9	2.2	2.1	2.2	4.0	5.8	5.7	4.4	6.8	17.6	15.8	12.7	9.7	9.8	16.1	15.9	25.2	26.3	15.9	15.7	16.3	14.5	13.2	14.3	18.0	26.6	38.9	34.1	23.6	21.5	22.1	20.0	19.8	20.3
Veterans benefits......................................................................	4.6	4.6	5.0	4.7	4.8	4.7	4.9	4.9	5.6	5.9	6.7	7.7	8.8	9.7	10.4	11.8	14.5	14.4	13.8	13.9	14.4	15.0	16.1	16.4	16.6	16.4	16.7	16.7	16.6	16.9	17.3	17.8	18.3	19.3	20.1	20.1	20.9	21.7	22.5	23.3	24.3
Other transfer payments..........................................................	6.7	7.0	7.6	8.3	8.9	9.7	10.6	12.1	14.4	17.3	19.7	24.2	29.2	33.0	36.7	43.6	54.0	59.3	63.2	69.5	78.2	93.8	103.3	108.1	117.7	125.5	135.1	146.8	154.6	166.4	183.6	206.5	242.6	279.5	300.0	317.1	335.6	347.4	354.1	362.3	377.2
Family assistance ¹.......................................	0.9	1.0	1.1	1.3	1.4	1.5	1.7	1.9	2.3	2.8	3.5	4.8	6.2	6.9	7.2	8.0	9.3	10.1	10.6	10.8	11.1	12.5	13.1	12.9	13.8	14.5	15.2	16.1	16.4	16.9	17.5	19.2	21.1	22.2	22.8	23.2	22.6	20.3	17.6	17.1	15.9
Other........................................................................................	5.7	6.1	6.5	7.0	7.6	8.2	9.0	10.2	12.1	14.5	16.2	19.4	23.0	26.1	29.5	35.6	44.7	49.2	52.5	58.7	67.1	81.3	90.2	95.2	103.8	111.0	119.9	130.6	138.2	149.5	166.1	187.3	221.5	257.3	277.2	294.0	313.0	327.1	336.5	345.2	361.3
Less: Personal contributions for
social insurance....................................................	6.0	7.2	7.4	7.9	9.3	9.8	10.3	14.5	16.8	18.7	21.4	22.5	24.7	28.0	35.7	40.5	42.6	46.9	52.0	59.7	70.2	77.2	92.1	99.1	106.1	118.4	133.6	145.6	156.8	176.8	191.6	203.7	215.1	226.6	237.8	254.1	268.8	280.4	298.1	315.9	334.6
Less: Personal tax and nontax
payments.....................................................................................	42.8	46.6	47.9	52.3	55.3	52.8	58.4	67.3	74.2	88.3	105.9	104.6	103.4	125.6	134.5	153.3	150.3	175.5	201.2	233.5	273.3	304.2	351.5	361.6	360.9	387.2	428.5	449.9	503.0	519.7	583.5	609.6	610.5	635.8	674.6	722.6	778.3	869.7	968.3	1,072.6	1,152.1
Equals: Disposable personal income.........................................	351.2	366.2	382.4	405.6	425.8	463.0	498.9	539.1	576.2	626.2	675.0	736.5	801.7	868.6	979.0	1,072.3	1,181.4	1,299.9	1,436.0	1,614.8	1,808.2	2,019.8	2,247.9	2,406.8	2,586.0	2,887.6	3,086.5	3,262.5	3,459.5	3,752.4	4,016.3	4,293.6	4,474.8	4,754.6	4,935.3	5165.4	5422.6	5677.7	5982.8	6,286.2	6639.7
Less: Personal outlays.....................................................................	324.7	339.8	350.5	372.2	392.7	422.4	456.2	494.6	522.3	573.6	622.3	667.0	721.6	791.7	876.5	957.9	1,056.2	1,177.8	1,310.4	1,469.4	1,642.4	1,814.1	2,004.2	2,144.6	2,358.2	2,581.1	2,803.9	2,994.7	3,206.7	3,460.1	3,714.4	3,959.3	4,103.2	4,340.9	4,584.5	4,849.9	5,120.2	5,405.6	5,711.7	6,056.6	6,483.3
Personal consumption expenditures...................................................	318.1	332.3	342.7	363.8	383.1	411.7	444.3	481.8	508.7	558.7	605.5	648.9	702.4	770.7	852.5	932.4	1,030.3	1,149.8	1,278.4	1,430.4	1,596.3	1,762.9	1,944.2	2,079.3	2,286.4	2,498.4	2,712.6	2,895.2	3,105.3	3,356.6	3,596.7	3,831.5	3,971.2	4,209.7	4,454.7	4,716.4	4,969.0	5,237.5	5,524.4	5,848.6	6,257.3
Interest paid by persons..............................................................	6.1	7.0	7.3	7.8	8.9	10.0	11.1	12.0	12.5	13.8	15.7	16.8	17.8	19.6	22.4	24.2	24.5	26.6	30.7	37.5	44.5	49.4	54.6	58.8	65.0	75.0	83.2	90.6	91.5	92.9	106.4	115.8	118.9	118.7	115.4	117.9	134.7	149.9	166.7	185.7	201.7
Personal transfer payments to the
rest of the world (net)....................................................................	0.5	0.5	0.5	0.5	0.7	0.7	0.8	0.8	1.0	1.0	1.1	1.3	1.3	1.4	1.5	1.3	1.3	1.3	1.3	1.5	1.6	1.8	5.5	6.5	6.8	7.7	8.1	9.0	9.9	10.6	11.4	12.0	13.0	12.5	14.4	15.6	16.5	18.2	20.6	22.3	24.3
Equals: Personal saving...............................................................	26.5	26.4	31.9	33.5	33.1	40.5	42.7	44.5	54.0	52.7	52.6	69.5	80.1	76.9	102.5	114.3	125.2	122.1	125.6	145.4	165.8	205.6	243.7	262.2	227.8	306.5	282.6	267.8	252.8	292.3	301.8	334.3	371.7	413.7	350.8	315.5	302.4	272.1	271.1	229.7	156.3
Addenda:
Disposable personal income:
Total, billions of chained
(1996) dollars^href="#1">¹\................................................................................	1,623.8	1,664.8	1,720.0	1,803.5	1,871.5	2,006.9	2,131.0	2,244.6	2,340.5	2,448.2	2,524.3	2,630.0	2,745.3	2,874.3	3,072.3	3,051.9	3,108.5	3,243.5	3,360.7	3,527.5	3,628.6	3,658.0	3,741.1	3,791.7	3,906.9	4,207.6	4,347.8	4,486.6	4,582.5	4,784.1	4,906.5	5,014.2	5,033.0	5,189.3	5,261.3	5,397.2	5,539.1	5,677.7	5,866.7	6,107.1	6,349.4
Per capita (dollars):
Current dollars..........................................................................	1,983	2,026	2,081	2,174	2,249	2,412	2,567	2,742	2,899	3,119	3,329	3,591	3,860	4,138	4,619	5,013	5,470	5,960	6,519	7,253	8,033	8,869	9,773	10,364	11,036	12,215	12,941	13,555	14,246	15,312	16,235	17,176	17,710	18,616	19,121	19,820	20,613	21,385	22,320	23,231	24,307
Chained (1996) dollars..........................................................	9,167	9,210	9,361	9,666	9,886	10,456	10,965	11,417	11,776	12,196	12,451	12,823	13,218	13,692	14,496	14,268	14,393	14,873	15,256	15,845	16,120	16,063	16,265	16,328	16,673	17,799	18,229	18,641	18,870	19,522	19,833	20,058	19,919	20,318	20,384	20,709	21,055	21,385	21,887	22,569	23,244
Population (mid-period,
1,000)......................................................................................	177.1	180.8	183.7	186.6	189.3	191.9	194.3	196.6	198.8	200.7	202.7	205.1	207.7	209.9	211.9	213.9	216.0	218.1	220.3	222.6	225.1	227.7	230.0	232.2	234.3	236.4	238.5	240.7	242.8	245.1	247.4	250.0	252.7	255.4	258.1	260.6	263.1	265.5	268.0	270.6	273.2
Personal saving as percentage of
disposable personal income.......................................................	7.6	7.2	8.3	8.3	7.8	8.8	8.6	8.3	9.4	8.4	7.8	9.4	10.0	8.9	10.5	10.7	10.6	9.4	8.7	9.0	9.2	10.2	10.8	10.9	8.8	10.6	9.2	8.2	7.3	7.8	7.5	7.8	8.3	8.7	7.1	6.1	5.6	4.8	4.5	3.7	2.4

1 Comprises agriculture, forestry, fishing, mining, construction, and manufacturing.
2 Comprises transportation, communication, public utilities, and trade.
3 Comprises finance, insurance, real estate, services, and rest of world.
4 With capital consumption and inventory valuation adjustments.
5 With capital consumption adjustment.

Source: U.S. Bureau of Economic Analysis, National Income and Product National Income and Product Accounts of the United States, 1929-97, vol. 1, forthcoming; and Survey of Current Business, May 2000.

http://www.bea.doc.gov/bea/dn1.htm

* TERMS

Personal income and outlay account

Personal income is the sum of wage and salary disbursements, other labor income, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and transfer payments to persons, less personal contributions for social insurance.

Wage and salary accruals consists of the monetary remuneration of employees, including the compensation of corporate officers; commissions, tips, and bonuses; voluntary employee contributions to certain deferred compensation plans, such as 401(k) plans; and receipts in kind that represent income. Wage and salary accruals consists of disbursements and wage accruals less disbursements. Disb