The U.S. international trade deficit in goods and services in January 2010 decreased 6.6% to $37.3 billion. Exports declined 0.3% to $142.7 billion, and imports decreased 1.7% to $180.0 billion.
Personal income in January 2010 increased 0.1% from December. Real personal consumption expenditures (PCE) rose 0.3%, and nominal PCE increased 0.5%. Real disposable personal income (DPI) declined 0.6%, and nominal DPI decreased 0.4%. The personal savings rate as a percentage of DPI was 3.3% in January.
Real gross domestic product (GDP) rose at an annual rate of 5.9% in the fourth quarter of 2009, 0.2 percentage point more than in the advance estimate. Real GDP increased 2.2% in the third quarter of 2009.
Personal income in December 2009 increased 0.4% from November. Real personal consumption expenditures (PCE) rose 0.1% and nominal PCE increased 0.2%. Real disposable income (DPI) rose 0.3% and nominal DPI increased 0.4%. The personal savings rate as a percentage of DPI was 4.8% in December.
Real gross domestic product (GDP) rose at an annual rate of 5.7% in the fourth quarter of 2009. This follows an increase of 2.2% in the third quarter.
