Personal income increased $94.5 billion (0.4 percent at a monthly rate) in September, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)?personal income less personal current taxes?increased $75.9 billion (0.3 percent) and personal consumption expenditures (PCE) increased $65.1 billion (0.3 percent). Personal outlays?the sum of PCE, personal interest payments, and personal current transfer payments?increased $70.7 billion in September. Personal saving was $1.09 trillion in September and the personal saving rate?personal saving as a percentage of disposable personal income?was 4.7 percent. Full Text

Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.66 million workers in the United States in 2023, a 1.9 percent increase from 8.5 million workers in 2022, according to the U.S. Bureau of Economic Analysis. These affiliates accounted for 6.2 percent of total private-industry employment in the United States in 2023. Full Text