Personal Savings Rate Rises in February

Personal income rose 0.4 percent in February, the same increase as in January. Wages and salaries, the largest component March30 Chartof personal income, rose 0.3 percent in February after rising 0.6 percent in January.

Current-dollar disposable personal income (DPI), after-tax income, rose 0.4 percent in February after rising 0.5 percent in January.

Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in February after increasing 0.9 percent in January.

Real consumer spending (PCE), spending adjusted for price changes, decreased 0.1 percent in February after increasing 0.2 percent in January. Spending on durable goods decreased 1.1 percent in February after increasing 0.7 percent in January.

PCE prices increased 0.2 percent in February after decreasing 0.4 percent in January. Excluding food and energy, PCE prices increased 0.1 percent in February, the same increase as in January.

Personal saving rate
Personal saving as a percent of DPI was 5.8 percent in February and 5.5 percent in January.

Real Disposable Personal Income March 30

For more, see the full report.


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