United States Personal Income  Forecast 2016-2020

Personal Income in the United States is expected to be 0.31 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Income in the United States to stand at 0.60 in 12 months time. In the long-term, the United States Personal Income is projected to trend around 0.32 percent in 2020, according to our econometric models.

United States Personal Income
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Personal Income 0.4 0.31 0.32 0.32 0.6 0.32 percent
United States Personal Income Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States Personal Income using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United States Personal Income - was last predicted on Saturday, March 25, 2017.
United States Consumer Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Confidence 97.6 95.5 95.3 95 92 86.7
Retail Sales MoM 0.1 0.34 0.2 0.3 0.2 0.4
Retail Sales YoY 5.7 3.1 3 3.1 5.96 5.97
Retail Sales Ex Autos 0.2 0.34 0.1 0.2 0.32 0.32
Consumer Spending 11655 11747 11825 11903 11978 12633
Disposable Personal Income 14345 14408 14519 14629 14740 16056
Personal Spending 0.2 0.1 0.1 0.31 0.4 0.5
Personal Income 0.4 0.31 0.32 0.32 0.6 0.32
Personal Savings 5.5 5.55 5.51 5.52 5.52 5.52
Consumer Credit 8.79 16.83 17.28 17.35 17.38 17.39
Private Sector Credit 9131 9152 9229 9300 9366 9932
Bank Lending Rate 3.75 3.75 4 3.67 4.25 5.25
Economic Optimism Index 55.3 55.3 52.62 51.48 51 50.64
Redbook Index 1.2 1.21 1.21 1.21 1.21 1.21
Gasoline Prices 0.61 0.64 0.62 0.59 0.57 0.54
Households Debt To Gdp 79.4 79.3 79.5 79.5 80 82.6
Chain Store Sales 3129 4826 4950 4872 4887 4885