The Current Employment Statistics payroll survey excludes several categories that the household survey can count as employed, including unincorporated self-employed workers, most agricultural workers, unpaid family workers, and private-hous
No. BEA defines disposable personal income as personal income minus personal current taxes. Rent, mortgage payments, groceries, insurance, utilities, debt payments, and other household bills have not yet been subtracted.
The Bureau of Economic Analysis maintains Household Production Economic Statistics as a supplemental account specifically to estimate economic value outside the market economy that standard GDP does not include. In 2026 BEA expanded those i
The headline Consumer Price Index includes food and energy. BLS also publishes a separate “all items less food and energy” index, commonly called core CPI, because those categories can be volatile.
BEA’s personal saving rate is aggregate personal saving divided by aggregate disposable personal income. It is not the median household’s savings rate.
Under the Current Population Survey, a person generally must have no job, be available for work, and have made a specific active effort to find work within the previous four weeks to be classified as unemployed. A person can want a job and
The CPI does not price owner-occupied houses themselves as consumer goods. BLS treats the house as a capital or investment good and measures the shelter service homeowners receive through owners’ equivalent rent, based on rental-market info
BEA personal income is broader than wages. It includes income from production, ownership of homes or businesses and financial assets, plus government and business transfers.
BLS explicitly states that discouraged workers are not counted among the unemployed. These are people who want and are available for work and looked within the prior 12 months, but did not search in the most recent four weeks because they b
Under the CPI framework for owner-occupied housing, home purchase prices and capital costs are not directly included as consumer-price items. BLS says mortgage interest, property taxes, real-estate fees, most maintenance, and improvement co
