Bureau of Economic Analysis
Personal Income and Outlays, July 2025
Personal income increased $112.3 billion (0.4 percent at a monthly rate) in July, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $93.9 billion (0.4 percent) and personal consumption expenditures (PCE) increased $108.9 billion (0.5 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $110.9 billion in July. Personal saving was $985.6 billion in July and the personal saving rate—personal saving as a percentage of disposable personal income—was 4.4 percent.
Principal Federal Economic Indicators
Noteworthy
- 2025 News Release Schedule
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- New! Services Trade Data for More Countries
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- Updated: RIMS II Regional Multipliers
- Arts and Culture
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- FDI Now in State BEARFACTS
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The Latest
Value of U.S. Assets Increased More than U.S. Liabilities in First Quarter 2015
The U.S. net international investment position was -$6,794.0 billion (preliminary) at the end of the first quarter of 2015 as the value of U.S. liabilities exceeded the value of U.S .assets. At the end of the fourth quarter of 2014, the net investment position -$7,019.7 billion (revised).
U.S. International Investment Position, 1st quarter 2015, Year 2014, and Annual Revisions
First Quarter of 2015
The U.S. net international investment position at the end of the first quarter of 2015 was -$6,794.0 billion (preliminary) as the value of U.S. liabilities exceeded the value of U.S. assets (chart 1, table 1). At the end of the fourth quarter of 2014, the net investment position was -$7,019.7 billion (revised).
BEA to Release 2013 Statistics on Real Personal Income for States and Metro Areas July 1
The Bureau of Economic Analysis will publish real personal income statistics for the 50 states, the District of Columbia, and all metropolitan areas on Wednesday, July 1 at 8:30 a.m. eastern time.
The report provides annual statistics for 2013. These statistics use regional price parities in combination with the personal consumption expenditure price index to adjust BEA’s personal income data for differences in price levels across the…
Real Consumer Spending Rises in May
Personal income increased 0.5 percent in May, the same increase as in April. Wages and salaries, the largest component of personal income, rose 0.5 percent in May after rising 0.3 percent in April.
Current-dollar disposable personal income (DPI), after-tax income, increased 0.5 percent in May after rising 0.4 percent in April.
Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in May…
Personal Income and Outlays, May 2015
Personal income increased $79.0 billion, or 0.5 percent, and disposable personal income (DPI) increased $65.5 billion, or 0.5 percent, in May, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $105.9 billion, or 0.9 percent. In April, personal income increased $69.6 billion, or 0.5 percent, DPI increased $57.0 billion, or 0.4 percent, and PCE increased $8.5 billion, or 0.1 percent, based on…
First-Quarter GDP Revised Up
Real gross domestic product (GDP) decreased 0.2 percent in the first quarter of 2015, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was revised up 0.5 percentage point from the “second” estimate released in May. In the fourth quarter of 2014, real GDP increased 2.2 percent.
Gross Domestic Product, 1st quarter 2015 (third estimate); Corporate Profits, 1st quarter 2015 (revised estimate)
Real gross domestic product -- the value of the production of goods and services in the United States, adjusted for price changes -- decreased at an annual rate of 0.2 percent in the first quarter of 2015, according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.2 percent. The GDP estimate released today is based on more complete source data than were available for…
Travel and Tourism Spending Decelerated in the First Quarter of 2015
Real spending (output) on travel and tourism decelerated in the first quarter of 2015, increasing at an annual rate of 2.0 percent after increasing 4.9 percent (revised) in the fourth quarter of 2014. By comparison, real gross domestic product (GDP) turned down, decreasing 0.7 percent (second estimate) in the first quarter after increasing 2.2 percent.
Travel and Tourism Satellite Accounts, 1st quarter 2015
Real spending (output) on travel and tourism decelerated in the first quarter of 2015, increasing at an annual rate of 2.0 percent after increasing 4.9 percent (revised) in the fourth quarter of 2014. By comparison, real gross domestic product (GDP) turned down, decreasing 0.7 percent (second estimate) in the first quarter after increasing 2.2 percent.
State Personal Income: First Quarter 2015
State personal income grew 0.9 percent on average in the first quarter of 2015, after growing 1.1 percent in the fourth quarter of 2014. Personal income grew in 46 states and growth accelerated in 15 of those states. The fastest growth, 1.3 percent, was in Florida. Personal income fell in four states, with the largest decline, 1.2 percent, in Iowa. The national price index for personal consumption expenditures, fell 0.5 percent in the first…