CHART: Disposable Personal Income
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Disposable Personal Income
In July 2004, real disposable personal income increased 0.1 percent at a seasonally adjusted monthly rate.
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Previous
0.0
June 2004
(% change)
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Current
+0.1
July 2004
(% change)
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Provided by
Bureau of Economic Analysis as of August 30, 2004.
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CHART: Per Capita Income
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Per Capita Income
In July 2004, per capita real disposable personal income (at a seasonally adjusted annual rate) increased $14.
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Previous
$27,052
June 2004
(chained [2000] dollars)
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Current
$27,066
July 2004
(chained [2000] dollars)
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Provided by
Bureau of Economic Analysis as of August 30, 2004.
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CHART: Farm Income
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Farm Sector Income
The 2004 forecast net value added of $93 billion is down almost $6 billion from 2003's record level, but still $3.8 billion higher than the 1994-2003 average. After payments to stakeholders, the residual income is net farm income, which is forecast to be $47.6 billion, down 13% from 2003 but only slightly below its 10-year average of $48.2 billion.
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Previous
$54.9
2003
(billions of dollars)
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Current
$47.6
2004 (forecast)
(billions of dollars)
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Provided by
Economic Research Service, USDA as of November 4, 2003.
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CHART: Income by Definition
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Household Income
Compared with 1967, the first year for which household income statistics are available, 2003 real (inflation adjusted) median household income is up 30 percent. Over this period, median income tended to rise and fall along with the business cycle. Real median income peaked in 1999, was unchanged in 2000, declined over the next 2 years (by a cumulative 3.3 percent), and was unchanged in 2003.
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Previous
$43,381
2002
in 2002 dollars
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Current
$43,318
2003
in 2002 dollars
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Provided by
U.S. Census Bureau as of August 26, 2004.
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CHART: Poverty Rates
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Poverty
For the third consecutive year the poverty rate rose, from 12.1 percent in 2002 to 12.5 percent in 2003. The number of people in poverty increased also, by 1.3 million, to 35.9 million in 2003.
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Previous
12.1
2002
percent
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Current
12.5
2003
percent
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Provided by
U.S. Census Bureau as of August 26, 2004.
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CHART: Household Wealth
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Household Wealth
Median household net worth in 1995 was $40,200, a figure not significantly different from the 1993 median household net worth of $39,590 (in 1995 dollars).
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Previous
$39,590
1993
(in 1995 dollars)
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Current
$40,200
1995
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Provided by
U.S. Bureau of the Census / Survey of Income and Program Participation as of September 4, 2001.
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