Real Disposable Personal Income Increases in April

Personal income increased 0.3 percent in April after increasingPI Chart
0.2 percent in March. Wages and salaries, the largest component of personal income, increased 0.4 percent in April after increasing 0.2 percent 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, the same increase as in March.

Real consumer spending (PCE), spending adjusted for price changes, increased 0.4 percent in April after increasing 0.5 percent in March. Spending on durable goods increased 0.3 percent in April after increasing 1.9 percent in March.

PCE prices increased 0.2 percent in April after showing no
change in March. Excluding food and energy, PCE prices
increased 0.2 percent in April, the same increase as in March.

Personal saving rate
Personal saving as a percent of DPI was 2.8 percent in April
following 3.0 percent in March.

For more information, read the full report.

PI Spending


Enter your email address to follow this blog and receive notifications of new posts by email.

Archives


%d bloggers like this: