Snapshot for US Personal Income MoM SA (PITLCHNG)

Rate Profile Information for PITLCHNG

Personal income is the income received by persons from all sources, that is, from participation in production, from both government and business transfer payments, and from government interest, persons consist of individuals, nonprofit institutions that primarily serve individuals, private noninsured welfare funds, and private trust funds. Personal income is calculated as the sum of wage and salary disbursements, other labor income, propiertors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital. Consumption adjustments, personal dividend income, personal interest income, and transfer payments to persons, less personal contributions for social insurance. Disposable personal income is personal income less tax & non-tax payments. Personal income is the income received by persons from all sources, that is, from participation in production, from both government and business transfer payments, and from government interest. 'Persons' consist of individuals, nonprofit institutions that primarily serve individuals, private noninsured welfare funds, and private trust funds. Personal income is calculated as the sum of wage and salary disbursements, other labor income, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustments, personal dividend income, personal interest income, and transfer payments to persons, less personal contributions for social insurance. Disposable personal income is personal income less tax & non-tax payments.