Personal income increased $98.6 billion (0.6 percent) in October according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $86.5 billion (0.6 percent) and personal consumption…
Source: U.S. Bureau of Economic Analysis2 min read
Historical releaseThe figures below describe the original reporting period. They are not today’s rates or a current economic forecast.Today’s market brief →
Historical release narrative reproduced from the official public-domain U.S. Bureau of Economic Analysis source. Statistical tables, charts, standard technical appendices and administrative material are omitted; formatting is adapted for reading. Figures retain the release's original vintage and may have been revised. Consult the linked source for the complete release and current data.
Personal income increased $98.6 billion (0.6 percent) in October according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $86.5 billion (0.6 percent) and personal consumption expenditures (PCE) increased $38.1 billion (0.3 percent).
Real DPI increased 0.4 percent in October and Real PCE increased 0.1 percent. The PCE price index increased 0.2 percent. Excluding food and energy, the PCE price index increased 0.1 percent.
The increase in personal income in October primarily reflected increases in compensation of employees and personal interest income (table 3).
The increase in real PCE in October reflected increases in spending for durable and nondurable goods, which were mostly offset by a decrease in spending for services (table 7).
Personal outlays increased $40.4 billion in October (table 3). Personal saving was $860.2 billion in October and the personal saving rate, personal saving as a percentage of disposable personal income, was 6.0 percent (table 1).
Updates
Estimates have been updated for April through September. The percent change from the preceding month for current-dollar personal income, and for current-dollar and chained (2009) dollar DPI and PCE -- revised and as published in last month's release -- are shown below.
Change from preceding month
QCEW Data Included in the Second Quarter of 2016
This news release includes revised estimates of wages and salaries, personal taxes, and contributions for government social insurance for April through June 2016 (second quarter). These estimates reflect the incorporation of the most recently available second-quarter wage and salary tabulations from the Quarterly Census of Employment and Wages (QCEW) program from the Bureau of Labor Statistics.
Archived Nov 11, 2026. Source reuse policy. Formatting has been adapted for reading; the source’s conclusions remain attributed to its publisher.
MortgageRates.news analysis · Historical context
The mortgage market around this release
This original analysis is separate from the source article. It compares observed benchmarks around ; historical averages and yields are not current mortgage offers.
Separate income, spending and PCE inflation
Personal Income and Outlays combines income, spending and price measures. Disposable personal income is income after personal current taxes; “real” income and spending remove price changes. PCE inflation differs from CPI in coverage, weights and calculation, including purchases made on households’ behalf. Distinguish monthly from twelve-month price changes and the all-items index from the measure excluding food and energy. Income and spending dollar levels are presented at seasonally adjusted annual rates; that convention does not annualize a reported monthly inflation change. Check the release date and revisions when comparing historical figures. The benchmark window cannot isolate this report’s effect on borrowing costs. BEA income and outlays definitions and methods; BEA explanation of PCE–CPI differences.
Nearest published observation on or before each target date
Calendar references, not an intraday reaction. A same-day market observation may have been published after a morning release. These figures do not show what was known at its exact publication time. One basis point (bp) is 0.01 percentage point; changes use the actual dated observations shown.
Dots show published observations only. Missing dates remain blank, with no interpolation. The series have different publication schedules and measure different markets.
What that benchmark difference would mean for a $300,000 loan
At the publication reference$1,437.44/month
4.03% · Nov 23, 2016
At the later reference$1,488.14/month
4.32% · Dec 29, 2016
The illustrative principal-and-interest payment is $50.70 higher per month. This holds the loan amount and term constant to show the arithmetic effect of the benchmark difference.
Assumptions: two separate hypothetical $300,000 loans, each fully amortizing over 30 years with 360 monthly payments and its stated fixed interest rate. Excludes points, lender fees, taxes, insurance, association charges and other costs. PMMS is a national average, not an APR or a personalized rate offer. These are not two payments on one existing loan.
Sources, historical coverage and calculation limits
Freddie Mac Primary Mortgage Market Survey®: available observations from Apr 2, 1971 through Nov 5, 2026. Cached history snapshot. History retrieved or verified Nov 11, 2026.
U.S. Department of the Treasury: available observations from Jan 4, 2016 through Nov 10, 2026. Cached history snapshot. History retrieved or verified Nov 11, 2026.
The 30-day comparisons use calendar days. Each cell selects the last published observation on or before its target; no rates are synthesized for missing dates. Gaps greater than seven days for daily Treasury data or fourteen days for weekly mortgage data are marked unavailable. Forward comparisons require the date to have arrived and source coverage to extend through it.
Historical files may contain revisions and do not reconstruct precisely what every market participant knew at the time. Freddie Mac changed its PMMS collection methodology in November 2022. Cross-period comparisons should account for that change. These windows include other news and cannot establish causation or forecast the next rate move.