Hotwife real texts3/11/2024 The personal saving rate-personal saving as a percentage of disposable personal income-was 4.0 percent in the fourth quarter, compared with 4.2 percent in the third quarter. Personal saving was $818.9 billion in the fourth quarter, compared with $851.2 billion in the third quarter. Real disposable personal income increased 2.5 percent, compared with an increase of 0.3 percent. The increase primarily reflected increases in compensation, personal income receipts on assets, and proprietors' income that were partly offset by a decrease in personal current transfer receipts (table 8).ĭisposable personal income increased $211.7 billion, or 4.2 percent, in the fourth quarter, compared with an increase of $143.5 billion, or 2.9 percent, in the third quarter. Personal IncomeĬurrent-dollar personal income increased $224.8 billion in the fourth quarter, compared with an increase of $196.2 billion in the third quarter. Excluding food and energy prices, the PCE price index increased 2.0 percent, the same change as the third quarter. The personal consumption expenditures (PCE) price index increased 1.7 percent, compared with an increase of 2.6 percent. ![]() The price index for gross domestic purchases increased 1.9 percent in the fourth quarter, compared with an increase of 2.9 percent in the third quarter (table 4). In the third quarter, GDP increased 8.3 percent, or $547.1 billion (tables 1 and 3). Imports decelerated.Ĭurrent‑dollar GDP increased 4.8 percent at an annual rate, or $328.7 billion, in the fourth quarter to a level of $27.94 trillion. Within imports, the increase primarily reflected an increase in services (led by travel).Ĭompared to the third quarter of 2023, the deceleration in real GDP in the fourth quarter primarily reflected slowdowns in private inventory investment, federal government spending, residential fixed investment, and consumer spending. Within residential fixed investment, the increase reflected an increase in new residential structures that was partly offset by a decrease in brokers' commissions. The increase in inventory investment was led by wholesale trade industries. Within federal government spending, the increase was led by nondefense spending. The increase in nonresidential fixed investment reflected increases in intellectual property products, structures, and equipment. The increase in state and local government spending primarily reflected increases in compensation of state and local government employees and investment in structures. Within exports, both goods (led by petroleum) and services (led by financial services) increased. Within goods, the leading contributors to the increase were other nondurable goods (led by pharmaceutical products) and recreational goods and vehicles (led by computer software). Within services, the leading contributors were food services and accommodations as well as health care. The increase in consumer spending reflected increases in both services and goods. ![]() Imports, which are a subtraction in the calculation of GDP, increased. ![]() The increase in real GDP reflected increases in consumer spending, exports, state and local government spending, nonresidential fixed investment, federal government spending, private inventory investment, and residential fixed investment (table 2).
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