Personal Income and Outlays in July 2009

 

Real disposable income decreased 0.1 percent in July, compared with a decrease of 1.6 percent in June. Real personal consumption expenditures increased 0.2 percent, compared with an increase of 0.1 percent. Courtesy of SmallBizTechnology.com

Personal income increased $3.8 billion, or less than 0.1 percent, and disposable personal income (DPI) decreased $4.6 billion, or less than 0.1 percent, in July. Personal consumption expenditures increased $25.0 billion, or 0.2 percent. This translates into good news, especially for those who design, build and maintain landscapes. In June, personal income decreased $133.4 billion, or 1.1 percent, DPI decreased $119.9 billion, or 1.1 percent, and PCE increased $60.9 billion, or 0.6 percent, based on revised estimates.

Courtesy of Bureau of Economic Analysis