Disposable Personal Income

Disposable income is total personal income minus personal current taxes. In national accounts definitions, personal income, minus personal current taxes equals disposable personal income. Subtracting personal outlays (which includes the major category of personal (or, private) consumption expenditure) yields personal (or, private) savings, hence the income left after paying away all the taxes is referred to as disposable income.Restated, consumption expenditure plus savings equals disposable income after accounting for transfers such as payments to children in school or elderly parents’ living arrangements.
Posts about Disposable Personal Income
  • Holiday E-Commerce Sales Expected To Rise 8 – 11 Percent This Year

    … E-Commerce sales are expected to rise between eight and 11 percent this holiday shopping season. That’s the word from Shop.org, which released its holiday shopping online sales forecast earlier this week. Shop.org today released its 2014 online holiday sales forecast, expecting sales in November and December to grow between 8 – 11 percent over…

    Matt Mcgee/ Marketing Land- 7 readers -
Get the top posts daily into your mailbox!