June personal income and personal spending both rose 0.4 percent, savings rate unchanged

In June, personal income, disposable personal income and personal consumption expenditures all increased 0.4 percent. The personal savings rate was unchanged from May at 6.8 percent.

READ MORE

Personal income rose faster than spending in May, leading to a rise in personal savings rate

In May, both personal income and disposable personal income rose 0.4 percent, while personal consumption expenditures (PCE) rose 0.2 percent, leading to a rise in the personal savings rate from 3.0 to 3.2 percent.

READ MORE

February personal income up 0.4 percent while spending rose by 0.2 percent, increasing savings rate

In February, both personal income and disposable personal income increased 0.4, personal consumption expenditures 0.2 percent rose, leading to the personal savings rate rising from 3.2 to 3.4 percent.

READ MORE

Tax cuts and bonuses helped boost both January personal income and personal savings rate

Tax cut update: In January, personal income rose 0.4 percent, disposable personal income (DPI) rose 0.9 percent (the biggest jump since 2015) and personal consumption expenditures (PCE) increased 0.2 percent, leading to an increase in the personal savings rate from 2.5 to 3.2 percent of income.

READ MORE

November consumer spending increases more than income, leading to decline in savings rate

In November, personal income increased 0.3 percent, disposable personal income (DPI) rose 0.4 percent and personal consumption expenditures (PCE) increased 0.6 percent, leading to a decline in the personal savings rate to 2.9 percent from 3.2 percent. A year ago, the personal savings rate was 3.7 percent.

READ MORE

Personal income, spending and prices all rose slightly in August

Personal income increased 0.2 percent in August and personal consumption expenditures (PCE) increased 0.1 percent. The PCE price index increased 0.2 percent. Excluding food and energy, the PCE price index increased 0.1 percent.

READ MORE

Personal income rose more than spending in May; price index shows lower inflation

Personal income increased 0.4 percent in May, disposable personal income (DPI) increased 0.5 percent and personal consumption expenditures (PCE) rose 0.1 percent. The PCE price index decreased 0.1 percent from April but rose 1.4 percent year-on-year.  Excluding food and energy, the PCE price index increased 0.1 percent from April and rose 1.4 percent year-on-year.

READ MORE