Spending on Durable Goods Rises in April

Personal income increased 0.4 percent in April after increasing 0.2 percent in March.Personal Income Chart May 30 2017 Wages and salaries, the largest component of personal income, increased 0.7 percent in April after remaining unchanged in March.

Current-dollar disposable personal income (DPI), after-tax income, increased 0.4 percent in April after increasing 0.2 percent in March.

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

Real consumer spending (PCE), spending adjusted for price changes, increased 0.2 percent in April after increasing 0.5 percent in March. Spending on durable goods increased 1.1 percent in April after increasing 0.3 percent in March.

PCE prices increased 0.2 percent in April after decreasing 0.2 percent in March. Excluding food and energy, PCE prices increased 0.2 percent in April after decreasing 0.1 percent in March.

Personal saving rate
Personal saving as a percent of DPI was 5.3 percent in April, the same as in March.

For more information, read the full report.

Real DPI May 30


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