Personal Income and Outlays, May 2024 June 28, 2024 at 06:00PM Personal income increased $114.1 billion (0.5 percent at a monthly rate) in May. Disposable personal income (DPI)-personal income less personal current taxes-increased $94.0 billion (0.5 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $56.4 billion (0.3 percent) and consumer spending increased $47.8 billion (0.2 percent). Personal saving was $806.1 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 3.9 percent in May. Full Text

Personal Income and Outlays, May 2024
Personal income increased $114.1 billion (0.5 percent at a monthly rate) in May. Disposable personal income (DPI)-personal income less personal current taxes-increased $94.0 billion (0.5 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $56.4 billion (0.3 percent) and consumer spending increased $47.8 billion (0.2 percent). Personal saving was $806.1 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 3.9 percent in May. Full Text

Published June 28, 2024 at 06:00PM
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Personal income increased $114.1 billion (0.5 percent at a monthly rate) in May. Disposable personal income (DPI)-personal income less personal current taxes-increased $94.0 billion (0.5 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $56.4 billion (0.3 percent) and consumer spending increased $47.8 billion (0.2 percent). Personal saving was $806.1 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 3.9 percent in May. Full Text June 28, 2024 at 06:00PM