Calculated by Haver Analytics. Copyright, 2014, Haver Analytics. Reprinted with permission. Real personal income in chained dollars is personal income divided by personal consumption expenditure chained price index.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Due to the historical revision applied to data, the historical values prior January 2001 have been eliminated from the series. These data values are expected to return sometime in 2014.