Personal income rose 0.2 percent in August

Disposable personal income increased $68.6 billion, or 0.3 percent, and personal consumption expenditures increased $190.8 billion, or 0.9 percent.

Personal outlays increased $190.7 billion in August.

Personal saving was $990.2 billion, and the personal saving rate was 4.1 percent.

The increase in current-dollar personal income primarily reflected increases in compensation and government social benefits.

The $190.8 billion increase in current-dollar personal consumption expenditures reflected increases of $114.1 billion in spending on goods and $76.7 billion in spending on services.

Real personal consumption expenditures increased $92.8 billion, or 0.6 percent, in August.

From the preceding month, the personal consumption expenditures price index increased 0.3 percent.

Excluding food and energy, the personal consumption expenditures price index increased 0.2 percent.

From the same month one year ago, the personal consumption expenditures price index increased 3.4 percent.

Excluding food and energy, the personal consumption expenditures price index increased 3.0 percent from one year ago.