Consumers saw their incomes rise in August and held on to most of it.
The Commerce Department reports personal incomes edged up $39.3 billion, or 0.2%, last month, with disposable income (DPI) -- what's left after taxes -- also up 0.2%, or $31.9 billion.
Personal consumption expenditures (PCE), on the other hand, rose just $6.2 billion -- less than 0.1%.
The increase in personal income in August primarily reflected pay raises, personal income receipts on assets, and government social benefits.
Personal outlays -- the total of PCE, personal interest payments, and personal current transfer payments -- rose $6.1 billion.
Personal saving rose $12.9 billion -- from July -- to $807.6 billion, with the the personal saving rate and personal saving as a percentage of disposable personal income holding steady at 5.7%.
The complete report is available on the Commerce Department website.