Economic Event | Disposable Personal Income/ DPI |
Units | Percentage Change from Previous Period |
Current Period | Jul 2009 |
Release Date | Aug. 28. 09 |
Reported | 0 |
Consensus for Current Period | |
Number of Forecasts | |
Economic Surprise | |
Prior Period | Jun 2009 |
Reported Value for Prior Period | -1.1 |
Revised From | -1.3 |
Next Release Date | Oct. 01. 09 |
Next Release Time | 8:30 AM Eastern Time |
Source | http://www.bea.gov/newsreleases/national/pi/pinewsrelease.htm |
Note | |
Description | Disposable personal income is the portion of personal income that is left after personal taxes are subtracted, and thus is the amount of personal income available to people for consumption spending and saving. Changes in per-capita disposable personal income over time indicates trend in a country's material standard of living. DPI will usually rise when economic growth rates exceed population growth rates. DPI tends to follow the business cycle, rising in the peaks and falling in the troughs. |