CHART: Disposable Personal Income

In December 2005, real disposable personal income increased 0.4 percent at a seasonally adjusted monthly rate.

+.8

November 2005

(% change)

+0.4

December 2005

(% change)

CHART: Per Capita Income

In December 2005, per capita real disposable personal income (at a seasonally adjusted annual rate) increased $89.

$27,551

November 2005

(chained [2000] dollars)

$27,640

December 2005

(chained [2000] dollars)

CHART: Farm Income

Net farm income is forecast to be $56.2 billion in 2006, down from 2005 by $16.4 billion but slightly above its 10-year average of $55.7 billion. The value of production is forecast to be down $2.3 billion for crops and $2.9 billion for livestock, a little over 2 percent for each. Government payments are forecast to decline $4.5 billion. Production expenses are expected to be up $8.1 billion due to rising interest rates and higher fuel and fertilizer prices, with the latter resulting from high prices for natural gas.

$72.6

2005 (preliminary)

(billions of dollars)

$56.2

2006 (forecast)

(billions of dollars)

CHART: Median Household Income

Median household income was $46,326 in 2005, up 1.1 percent from 2004 after adjusting for inflation. This is the first annual increase in real median household income since 1999. Since 1967, the first year for which household income statistics are available, real median household income was up 30.9 percent

$45,817

2004

in 2005 dollars

$46,326

2005

in 2005 dollars

CHART: Poverty Rates

For the fourth consecutive year the poverty rate rose, from 12.5 percent in 2003 to 12.7 percent in 2004. The number of people in poverty increased also, by 1.1 million, to 37.0 million in 2004.

12.5

2003

percent

12.7

2004

percent

CHART: 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).

$39,590

1993

(in 1995 dollars)

$40,200

1995