Personal Income and Outlays, July 2021

July 2021
1.1%
June 2021
0.2%

Personal income increased $225.9 billion, or 1.1 percent at a monthly rate, while consumer spending increased $42.2 billion, or 0.3 percent, in July. Compensation increased and new advance Child Tax Credit payments, authorized by the American Rescue Plan, began in July.

  • Current release: August 27, 2021
  • Next release: October 1, 2021

What is Personal Income?

Income that people get from wages and salaries, Social Security and other government benefits, dividends and interest, business ownership, and other sources. These statistics can offer clues to Americans' financial health and future consumer spending.

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 What is Personal Income?

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