PERSONAL INCOME AND SPENDING
Market Sensitivity: Medium.
What Is It: Records the income Americans receive, how much they spend, and
what they save.
News Release on Internet: www.bea.doc.gov/bea/newsrel/pinewsrelease.htm
Home Web Address: www.bea.doc.gov
Release Time: 8:30 A.M. (ET); data is made public four or five weeks after the
end of the reported month. (The Bureau of Economic Analysis expects to
have this report out two weeks earlier by 2006.)
Frequency: Monthly.
Source: Bureau of Economic Analysis, Department of Commerce.
Revisions: After the initial release, data on income, spending, and savings
undergoes revisions for the next several months as more complete
information comes in. The magnitude of the changes is usually modest.
Annual revisions are normally done every summer (in July or August), and
benchmark changes occur every four or five years to incorporate new data as
well as changes in methodology.