Personal Income Rises in July

Current-dollar disposable personal income (DPI), after-tax income, increased 0.5 percent in July after increasing 0.4 percent in June.Disposable Personal Income Chart Aug 28

Real DPI, income adjusted for taxes and inflation, increased 0.4 percent in July after increasing 0.2 percent in June.

Real consumer spending (PCE), spending adjusted for price changes, increased 0.2 percent in July after increasing less than 0.1 percent in June. Spending on durable goods increased 1.3 percent in July after decreasing 0.9 percent in June.

PCE prices increased 0.1 percent in July, after increasing 0.2 percent in June. Excluding food and energy, PCE prices increased 0.1 percent in July and in June.

Personal saving rate
Personal saving as a percent of DPI was 4.9 percent in July and 4.7 percent in June.

For more information, read the full report.

Real Consumer Bars Aug 28


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