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NOTES

Source: U.S. Bureau of Economic Analysis  

Release: Personal Income and Outlays  

Units:  Billions of Dollars, Seasonally Adjusted Annual Rate

Frequency:  Monthly

Notes:

BEA Account Code: A065RC
Personal income is the income that persons receive in return for their provision of labor, land, and capital used in current production and the net current transfer payments that they receive from business and from government.25 Personal income is equal to national income minus corporate profits with inventory valuation and capital consumption adjustments, taxes on production and imports less subsidies, contributions for government social insurance, net interest and miscellaneous payments on assets, business current transfer payments (net), current surplus of government enterprises, and wage accruals less disbursements, plus personal income receipts on assets and personal current transfer receipts.
A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

Suggested Citation:

U.S. Bureau of Economic Analysis, Personal Income [PI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PI, October 22, 2020.

Source: U.S. Bureau of Economic Analysis  

Release: Personal Income and Outlays  

Units:  Billions of Chained 2012 Dollars, Seasonally Adjusted Annual Rate

Frequency:  Monthly

Notes:

Calculated by the Federal Reserve Bank of St. Louis:
Personal income in chained 2009 dollars (RPI) is personal income in
current dollars (PI) deflated by the PCE chained price index (PCEPI).

Suggested Citation:

U.S. Bureau of Economic Analysis, Real Personal Income [RPI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RPI, October 22, 2020.

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