Credit Herald

Following is a summary of the U.S. personal income and spending report for May released by the Commerce Department.

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May April March Feb. Jan. Dec. Nov. May

2008 2008 2008 2008 2008 2007 2007 YOY ===============================================================================

—————–Based on Current Dollars—————– Personal income 1.9% 0.3% 0.3% 0.5% 0.2% 0.5% 0.4% 6.4% Compensation 0.3% 0.0% 0.4% 0.4% 0.6% 0.4% 0.5% 4.6% Wage & salary 0.3% -0.1% 0.5% 0.4% 0.5% 0.5% 0.5% 4.6% Disposable incom 5.7% 0.4% 0.3% 0.5% 0.4% 0.5% 0.3% 10.7% Personal spending 0.8% 0.4% 0.5% 0.1% 0.5% 0.2% 1.0% 5.4% 3-mo. annual % 5.2% 3.9% 4.8% 5.4% 6.9% 6.3% 6.0% n/a Savings rate 5.0% 0.4% 0.5% 0.6% 0.2% 0.2% -0.1% 0.2%

————–Based on Chained (2000) Dollars————- Personal spending 0.4% 0.2% 0.2% -0.1% 0.2% -0.1% 0.3% 2.2% 3-mo. annual % 1.9% 0.9% 1.1% 1.2% 1.9% 2.3% 3.1% n/a ===============================================================================

May April March Feb. Jan. Dec. Nov. May

2008 2008 2008 2008 2008 2007 2007 YOY ===============================================================================

————–Based on Chained (2000) Dollars————- Disposable income 5.3% 0.1% 0.0% 0.3% 0.1% 0.2% -0.3% 7.3%

—————–Price Indexes (2000=100)—————– Personal spending 0.4% 0.2% 0.3% 0.1% 0.3% 0.3% 0.6% 3.1% 3-mo. annual % 3.2% 2.9% 3.6% 4.2% 4.9% 3.9% 2.8% n/a Ex-food, energy 0.1% 0.1% 0.2% 0.1% 0.2% 0.2% 0.2% 2.1% 3-mo. annual % 2.0% 2.1% 2.3% 2.3% 2.5% 2.5% 2.5% n/a

———————–YOY%———————– PCE Deflator 3.1% 3.2% 3.3% 3.4% 3.5% 3.5% 3.6% n/a

(3 decimals) 3.130% 3.205% 3.265% 3.401% 3.540% 3.527% 3.597% n/a Ex food & energy 2.1% 2.1% 2.1% 2.0% 2.0% 2.2% 2.1% n/a

(3 decimals) 2.139% 2.144% 2.116% 1.987% 2.023% 2.152% 2.108% n/a Market Based PCE 3.1% 3.2% 3.2% 3.5% 3.7% 3.6% 3.7% n/a Market Core PCE 1.9% 1.9% 1.8% 1.7% 1.8% 2.0% 1.9% n/a

———————–MOM%———————– PCE Deflator 0.4% 0.2% 0.3% 0.1% 0.3% 0.3% 0.6% n/a

(3 decimals) 0.404% 0.229% 0.314% 0.145% 0.292% 0.277% 0.630% n/a ===============================================================================

May April March Feb how to get a free credit report. Jan. Dec. Nov. May

2008 2008 2008 2008 2008 2007 2007 YOY =============================================================================== PCE Deflator ———————–MOM%———————– Ex food & energy 0.1% 0.1% 0.2% 0.1% 0.2% 0.2% 0.2% n/a

(3 decimals) 0.113% 0.138% 0.190% 0.142% 0.218% 0.186% 0.187% n/a Market Based PCE 0.5% 0.2% 0.3% 0.1% 0.3% 0.3% 0.7% n/a Market Core PCE 0.1% 0.1% 0.1% 0.1% 0.2% 0.2% 0.2% n/a =============================================================================== NOTE: All figures are seasonally adjusted and month-over-month unless otherwise stated. Three month annualized calculations are the latest three months average compared to the previous three months average.

SOURCE: U.S. Commerce Department. http://www.bea.gov

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