U.S. personal income in September rose 0.2 percent on better-than-expected

31, the Commerce Department said U.S. personal income in September, seasonally adjusted 0.2 percent rise expected for the month rose 0.1 percent; on personal consumption dropped 0.3 percent, in line with expectations. U.S. Department of Commerce on October 31, 31, the U.S. Department of Commerce said that the United States in September to reduce consumer spending and increase savings. Personal income in September, seasonally adjusted 0.2 percent rise expected for the month rose 0.1 percent; on personal consumption dropped 0.3 percent, in line with expectations. August personal income rose a revised 0.4 percent on personal expenses over the same month. September personal savings accounts for personal disposable income of 1.3 percent, higher than August's 0.8 percent ratio. Recently, the savings rate is much higher than in the past few years. September on personal disposable income rose 0.2 percent, spending on durable goods dropped 3.1 percent, spending on nondurable goods dropped 0.6 percent and spending on services rose 0.3 percent. Personal consumption expenditure price index rose 0.1 percent on the year rose 4.2 percent, the core index rose 0.2 percent on-year rise of 2.4%.